Vonovia (OTCMKTS:VNNVF) Trading Up 2.8% – Time to Buy?

Shares of Vonovia SE (OTCMKTS:VNNVFGet Free Report) traded up 2.8% during mid-day trading on Thursday . The company traded as high as $28.77 and last traded at $28.77. 155 shares traded hands during trading, an increase of 22% from the average session volume of 127 shares. The stock had previously closed at $28.00.

Vonovia Price Performance

The business has a 50 day simple moving average of $28.57 and a 200-day simple moving average of $30.25.

Vonovia Company Profile

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Vonovia SE is a Berlin‐based residential real estate company and one of Europe’s leading integrated property groups. Listed on the Frankfurt Stock Exchange and trading over the counter in the United States as OTCMKTS:VNNVF, the company owns, manages and develops a diversified portfolio of residential units. Vonovia focuses on long‐term residential rental properties and offers a range of tenant services aimed at enhancing living standards and value retention.

The company traces its roots to Deutsche Annington, which was founded in the early 2000s as a spin‐off from a major energy provider.

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