Deutsche Boerse (OTCMKTS:DBOEY) Reaches New 12-Month Low – What’s Next?

Shares of Deutsche Boerse AG (OTCMKTS:DBOEYGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $23.25 and last traded at $23.95, with a volume of 340948 shares trading hands. The stock had previously closed at $24.91.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Analysis on DBOEY

Deutsche Boerse Price Performance

The firm has a market capitalization of $47.60 billion, a PE ratio of 21.23, a P/E/G ratio of 3.32 and a beta of 0.52. The company has a 50-day moving average price of $25.34 and a 200 day moving average price of $26.48.

Deutsche Boerse (OTCMKTS:DBOEYGet Free Report) last released its earnings results on Wednesday, February 11th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.01. Deutsche Boerse had a return on equity of 19.23% and a net margin of 32.32%.The firm had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.58 billion. As a group, research analysts anticipate that Deutsche Boerse AG will post 1.12 earnings per share for the current year.

Deutsche Boerse Company Profile

(Get Free Report)

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.

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