Phoenix Spree Deutschland (LON:PSDL) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened
by Teresa Graham · The Cerbat GemPhoenix Spree Deutschland Limited (LON:PSDL – Get Free Report)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 169.50 and traded as high as GBX 174. Phoenix Spree Deutschland shares last traded at GBX 171.50, with a volume of 16,041 shares traded.
Phoenix Spree Deutschland Stock Performance
The stock has a market capitalization of £157.48 million, a PE ratio of -24.50 and a beta of 0.76. The firm has a 50 day moving average price of GBX 169.50 and a 200 day moving average price of GBX 169.88.
About Phoenix Spree Deutschland
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. QSix (formerly PMM Group) has acted as the Property Advisor since the Company’s inception.