Deutsche Pfandbriefbank (FRA:PBB) Trading Down 2% – What’s Next?

Shares of Deutsche Pfandbriefbank AG (FRA:PBBGet Free Report) were down 2% during trading on Thursday . The stock traded as low as €5.05 ($5.26) and last traded at €5.08 ($5.29). Approximately 132,259 shares traded hands during mid-day trading, The stock had previously closed at €5.19 ($5.40).

Deutsche Pfandbriefbank Stock Down 0.4 %

The firm’s 50 day simple moving average is €5.50 and its 200 day simple moving average is €5.39.

Deutsche Pfandbriefbank Company Profile

(Get Free Report)

Deutsche Pfandbriefbank AG provides commercial real estate and public investment finance in Europe and the United States of America. It operates through Real Estate Finance and Non-Core segments. The Real Estate Finance segment provides financing for professional real estate investors, which includes professional national and international real estate companies, institutional investors, and property funds to financed properties comprising office buildings, properties for residential use, retail, and logistic properties, as well as hotel business.

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