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Phoenix Spree Deutschland (LON:PSDL) Share Price 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 passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 164.16 ($2.13) and traded as low as GBX 161 ($2.09). Phoenix Spree Deutschland shares last traded at GBX 163.50 ($2.12), with a volume of 4,667 shares trading hands.

Phoenix Spree Deutschland Price Performance

The company has a market capitalization of £173.75 million, a P/E ratio of -2.45 and a beta of 0.30. The company's 50-day moving average price is GBX 163.63 and its two-hundred day moving average price is GBX 168.36.

About Phoenix Spree Deutschland

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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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