Deutsche Boerse (OTCMKTS:DBOEY) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Deutsche Boerse AG (OTCMKTS:DBOEY) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $28.71 and traded as high as $30.37. Deutsche Boerse shares last traded at $30.12, with a volume of 120,269 shares changing hands.

Analyst Upgrades and Downgrades

DBOEY has been the subject of several recent research reports. Oddo Bhf upgraded shares of Deutsche Boerse to an “outperform” rating in a report on Tuesday, April 28th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Deutsche Boerse in a research note on Friday, May 1st. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Deutsche Boerse Stock Down 0.7%

The stock has a 50 day simple moving average of $28.71 and a two-hundred day simple moving average of $28.05. The stock has a market capitalization of $54.25 billion, a P/E ratio of 22.15, a P/E/G ratio of 1.82 and a beta of 0.44.

Deutsche Boerse (OTCMKTS:DBOEY) last posted its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Deutsche Boerse had a return on equity of 20.09% and a net margin of 33.04%.The firm had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.82 billion. Sell-side analysts predict that Deutsche Boerse AG will post 1.43 earnings per share 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.