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

Shares of Deutsche Boerse AG (OTCMKTS:DBOEY) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $29.22 and traded as low as $28.45. Deutsche Boerse shares last traded at $28.50, with a volume of 213,150 shares changing hands.

Analyst Ratings Changes

A number of brokerages recently commented on DBOEY. Oddo Bhf upgraded Deutsche Boerse to an “outperform” rating in a report on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Deutsche Boerse in a report on Wednesday, January 21st. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Deutsche Boerse in a report on Friday, May 1st. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Deutsche Boerse Stock Down 0.6%

The stock has a 50-day simple moving average of $29.22 and a 200-day simple moving average of $26.73. The firm has a market capitalization of $51.81 billion, a PE ratio of 21.92, a P/E/G ratio of 1.89 and a beta of 0.46.

Deutsche Boerse (OTCMKTS:DBOEY) last announced its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.01. The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Deutsche Boerse had a return on equity of 19.99% and a net margin of 32.67%. Equities analysts forecast that Deutsche Boerse AG will post 1.43 earnings per share for the current fiscal year.

Deutsche Boerse Company Profile

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.