Deutsche Boerse (OTCMKTS:DBOEY) Sees Unusually-High Trading Volume – Here’s Why

Deutsche Boerse AG (OTCMKTS:DBOEY) saw strong trading volume on Thursday . 913,795 shares were traded during mid-day trading, an increase of 166% from the previous session’s volume of 343,441 shares.The stock last traded at $25.08 and had previously closed at $24.24.

Wall Street Analyst Weigh In

DBOEY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Deutsche Boerse in a report on Wednesday, January 21st. Cfra Research raised shares of Deutsche Boerse to a “hold” rating in a research note on Tuesday, October 28th. JPMorgan Chase & Co. raised shares of Deutsche Boerse from a “neutral” rating to an “overweight” rating in a research note on Friday, November 28th. Finally, Kepler Capital Markets downgraded Deutsche Boerse from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold”.

Deutsche Boerse Trading Up 3.1%

The firm has a market cap of $45.94 billion, a PE ratio of 20.83, a P/E/G ratio of 3.28 and a beta of 0.52. The stock’s 50 day moving average price is $25.48 and its 200 day moving average price is $26.71.

About Deutsche Boerse

Deutsche Börse AG is a Germany‑based provider of marketplace infrastructure, trading technology and post‑trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post‑trade and custody services provided by Clearstream.