Deutsche Börse (OTCMKTS:DBOEY) Hits New 52-Week High – Still a Buy?

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

Wall Street Analyst Weigh In

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

Deutsche Börse Stock Performance

The firm has a market capitalization of $44.53 billion, a PE ratio of 21.70, a price-to-earnings-growth ratio of 2.97 and a beta of 0.86. The stock’s 50 day simple moving average is $22.99 and its two-hundred day simple moving average is $22.35.

Deutsche Börse (OTCMKTS:DBOEY) last announced its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $0.29 EPS for the quarter. The firm had revenue of $1.88 billion for the quarter. Deutsche Börse had a return on equity of 19.29% and a net margin of 26.71%. Equities research analysts expect that Deutsche Börse AG will post 1.08 earnings per share for the current fiscal 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.