Deutsche Beteiligungs (ETR:DBAN) Trading Down 1.8% – Here’s What Happened

Deutsche Beteiligungs AG (ETR:DBAN) shares dropped 1.8% on Friday . The stock traded as low as €24.15 and last traded at €24.15. Approximately 15,316 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 42,193 shares. The stock had previously closed at €24.60.

Deutsche Beteiligungs Price Performance

The stock’s 50 day simple moving average is €24.09 and its two-hundred day simple moving average is €24.70. The company has a market capitalization of $441.28 million, a P/E ratio of 9.54, a P/E/G ratio of -0.78 and a beta of 1.10.

About Deutsche Beteiligungs

Deutsche Beteiligungs AG is a private equity and venture capital firm specializing in direct and fund of fund investments. Within direct investments the firm specializes in expansion capital, management buyout, emerging growth, middle market, mid venture, late venture, growth capital, add-on acquisitions, bridge financing, PIPES, management buy-ins for experienced executives, corporate spin-offs, succession arrangements and generational transition in a family-owned business, small and medium-sized companies, and pre-IPO stage investments.