Deutsche Boerse (OTCMKTS:DBOEY) Reaches New 52-Week High – What’s Next?

Shares of Deutsche Boerse AG (OTCMKTS:DBOEY) reached a new 52-week high on Thursday. The company traded as high as $34.53 and last traded at $34.53, with a volume of 5,907 shares. The stock had previously closed at $33.37.

Analyst Ratings Changes

Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of Deutsche Boerse in a research report on Monday, August 17th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Deutsche Boerse Trading Up 1.9%

The firm has a market capitalization of $62.18 billion, a PE ratio of 25.36, a P/E/G ratio of 2.05 and a beta of 0.43. The company has a fifty day moving average price of $32.47 and a two-hundred day moving average price of $30.37.

Deutsche Boerse (OTCMKTS:DBOEY) last announced its earnings results on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. The firm had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Deutsche Boerse had a return on equity of 20.33% and a net margin of 33.04%. As a group, equities research analysts predict that Deutsche Boerse AG will post 1.42 earnings per share for the current year.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates organized markets and related services for securities, derivatives, commodities and other financial instruments. Through its trading platforms, the company supports the issuance, trading and management of financial products for institutional investors, banks, companies and other market participants.

Its businesses include cash and derivatives trading, clearing, settlement and custody, as well as collateral management, securities financing, market data, analytics and index services.