Deutsche Pfandbriefbank (OTCMKTS:PBBGF) Stock Price Down 1.6% – Here’s What Happened

Deutsche Pfandbriefbank AG (OTCMKTS:PBBGFGet Free Report) dropped 1.6% during mid-day trading on Friday . The company traded as low as $4.92 and last traded at $4.92. Approximately 550 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 1,867 shares. The stock had previously closed at $5.00.

Deutsche Pfandbriefbank Trading Down 1.6 %

The stock’s 50-day simple moving average is $5.24 and its 200-day simple moving average is $5.21.

About Deutsche Pfandbriefbank

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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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