Deutsche Wohnen (FRA:DWNI) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

Deutsche Wohnen SE (FRA:DWNIGet Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of €22.39 ($24.60) and traded as low as €19.78 ($21.74). Deutsche Wohnen shares last traded at €20.90 ($22.97), with a volume of 552,289 shares changing hands.

Deutsche Wohnen Price Performance

The firm’s 50-day moving average is €22.39 and its 200-day moving average is €23.29.

About Deutsche Wohnen

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Deutsche Wohnen SE develops and manages residential properties in Germany. The company operates through Rental, Value-add, Recurring Sales, Development, and Care segment. The Rental segment offers value-enhancing management to residential real estate portfolio. The Value- add segment engages in the core business of letting.

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