Deutsche Boerse (OTCMKTS:DBOEY) Shares Gap Up – Here’s Why

Deutsche Boerse AG (OTCMKTS:DBOEY) gapped up before the market opened on Tuesday . The stock had previously closed at $28.20, but opened at $29.6150. Deutsche Boerse shares last traded at $29.62, with a volume of 4,961 shares changing hands.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Royal Bank Of Canada restated a “sector perform” rating on shares of Deutsche Boerse in a report on Friday, May 1st. Oddo Bhf upgraded shares of Deutsche Boerse to an “outperform” rating in a research report on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Deutsche Boerse has an average rating of “Hold”.

Deutsche Boerse Stock Performance

The stock has a fifty day moving average of $28.86 and a 200-day moving average of $27.56. The company has a market cap of $53.28 billion, a PE ratio of 22.76, a PEG ratio of 1.84 and a beta of 0.44.

Deutsche Boerse (OTCMKTS:DBOEY) last released its earnings results on Monday, April 27th. The financial services provider reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01. Deutsche Boerse had a return on equity of 19.99% and a net margin of 32.67%.The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.90 billion. As a group, equities analysts anticipate that Deutsche Boerse AG will post 1.42 EPS for the current fiscal year.

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.