Deutsche Boerse (OTCMKTS:DBOEY) Hits New 52-Week High – Here’s What Happened

Shares of Deutsche Boerse AG (OTCMKTS:DBOEY – Get Free Report) reached a new 52-week high on Thursday. The company traded as high as $34.99 and last traded at $34.99, with a volume of 1,904 shares. The stock had previously closed at $34.53.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Deutsche Boerse in a research note on Monday, August 17th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Deutsche Boerse has a consensus rating of “Hold”.

Read Our Latest Stock Report on Deutsche Boerse

Deutsche Boerse Trading Up 2.1%

The business’s fifty day simple moving average is $32.77 and its 200 day simple moving average is $30.57. The stock has a market cap of $63.57 billion, a price-to-earnings ratio of 24.83, a price-to-earnings-growth ratio of 2.12 and a beta of 0.43.

Deutsche Boerse (OTCMKTS:DBOEY – Get Free Report) last issued its earnings results on Tuesday, October 20th. The financial services provider reported $0.38 EPS for the quarter, beating the consensus estimate of $0.35 by $0.03. The company had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.79 billion. Deutsche Boerse had a net margin of 34.07% and a return on equity of 21.00%. As a group, research analysts anticipate that Deutsche Boerse AG will post 1.42 earnings per share for the current year.

About Deutsche Boerse

(Get Free Report)

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing systems, settlement platforms, and other services supporting global capital markets. The company serves exchanges, banks, investment firms, asset managers, corporations, and other financial institutions.

Its businesses include the Frankfurt Stock Exchange and Xetra trading platforms for equities and other securities, Eurex for derivatives, and Clearstream for securities settlement, custody, and related post-trade services.

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