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Phoenix Spree Deutschland (LON:PSDL) Stock Passes Below Fifty Day Moving Average - Time to Sell?

Phoenix Spree Deutschland logo with Real Estate background
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Phoenix Spree Deutschland Limited (LON:PSDL - Get Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 163.16 ($2.11) and traded as low as GBX 157.38 ($2.03). Phoenix Spree Deutschland shares last traded at GBX 163 ($2.10), with a volume of 3,064 shares trading hands.

Phoenix Spree Deutschland Stock Performance

The firm has a market cap of £175.93 million, a P/E ratio of -2.48 and a beta of 0.30. The firm's fifty day moving average is GBX 163.09 and its 200 day moving average is GBX 168.29.

Phoenix Spree Deutschland Company Profile

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Phoenix Spree Deutschland Limited is an investment company founded in 2007 and listed on the premium segment of the London Stock Exchange. It is a long-term investor in Berlin rental property, committed to improving the quality of accommodation for its tenants. Over the past thirteen years, the Company has assembled an attractive portfolio of real estate assets which the Directors believe offers investors the potential for both reliable income as well as capital growth.

Further Reading

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