Deutsche Börse (ETR:DB1) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Deutsche Börse AG (ETR:DB1)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €194.56 ($211.48) and traded as high as €214.10 ($232.72). Deutsche Börse shares last traded at €213.70 ($232.28), with a volume of 331,514 shares changing hands.

Deutsche Börse Trading Up 1.3 %

The stock has a market capitalization of $39.75 billion, a price-to-earnings ratio of 22.14, a PEG ratio of 3.50 and a beta of 0.60. The business has a 50-day moving average of €209.51 and a 200-day moving average of €194.72. The company has a debt-to-equity ratio of 73.74, a quick ratio of 0.01 and a current ratio of 1.01.

Deutsche Börse Company Profile

Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.