Deutsche Wohnen (OTCMKTS:DTCWY) Trading Up 5.2% – Here’s What Happened

Deutsche Wohnen SE (OTCMKTS:DTCWYGet Free Report)’s stock price rose 5.2% during mid-day trading on Tuesday . The stock traded as high as $10.74 and last traded at $10.74. 526 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 631 shares. The stock had previously closed at $10.21.

Deutsche Wohnen Stock Performance

The business has a 50 day moving average of $10.77 and a 200 day moving average of $11.61.

Deutsche Wohnen Company Profile

(Get Free Report)

Deutsche Wohnen SE is a Germany‐based real estate company primarily engaged in the acquisition, development and management of residential and commercial properties. Headquartered in Berlin, the company holds a diversified portfolio of multi‐family apartments and office spaces, with a strategic focus on long‐term rental income. Deutsche Wohnen’s shares are traded on German exchanges and its American Depositary Shares (ADS) are available over the counter under the ticker DTCWY.

The company’s property portfolio spans major German urban centers including Berlin, Hamburg, Frankfurt, Leipzig and Dresden.

Further Reading

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