flatexDEGIRO (OTCMKTS:FNNTF) Stock Price Up 7.8% – Time to Buy?

flatexDEGIRO AG (OTCMKTS:FNNTFGet Free Report)’s stock price rose 7.8% on Friday . The company traded as high as $41.95 and last traded at $41.95. Approximately 100 shares were traded during mid-day trading, a decline of 100% from the average session volume of 33,471 shares. The stock had previously closed at $38.90.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Citigroup reissued a “buy” rating on shares of flatexDEGIRO in a report on Tuesday, April 14th. Barclays initiated coverage on flatexDEGIRO in a report on Friday, June 12th. They issued an “overweight” rating for the company. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Get Our Latest Stock Report on flatexDEGIRO

flatexDEGIRO Stock Up 7.8%

The firm’s fifty day moving average is $37.89 and its 200 day moving average is $38.81.

flatexDEGIRO Company Profile

(Get Free Report)

flatexDEGIRO AG is a Germany-based digital brokerage firm formed through the merger of German online broker flatex AG and Dutch discount broker DeGiro in 2020. The combined entity offers a unified trading platform designed for retail investors, aiming to provide low-cost access to global financial markets. Headquartered in Frankfurt am Main with regional offices across Europe, flatexDEGIRO serves as one of the continent’s leading online brokers.

The company’s core offerings include execution and custody services for equities, exchange-traded funds (ETFs), bonds and derivatives.

Further Reading

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