Deutsche Börse (OTCMKTS:DBOEY) Hits New 52-Week High – Here’s What Happened

Deutsche Börse AG (OTCMKTS:DBOEY)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $23.86 and last traded at $23.55, with a volume of 71547 shares changing hands. The stock had previously closed at $23.50.

Analysts Set New Price Targets

Separately, Citigroup upgraded shares of Deutsche Börse to a “hold” rating in a research report on Friday, October 4th.

Deutsche Börse Trading Up 0.2 %

The stock’s fifty day moving average price is $22.97 and its 200 day moving average price is $22.33. The stock has a market cap of $44.34 billion, a P/E ratio of 21.61, a price-to-earnings-growth ratio of 3.06 and a beta of 0.86.

Deutsche Börse (OTCMKTS:DBOEY) last issued its quarterly earnings results on Tuesday, October 22nd. The financial services provider reported $0.29 earnings per share (EPS) for the quarter. The firm had revenue of $1.88 billion during the quarter. Deutsche Börse had a return on equity of 19.29% and a net margin of 26.71%. On average, analysts anticipate that Deutsche Börse AG will post 1.18 earnings per share for the current year.

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.