Deutsche Boerse (OTCMKTS:DBOEY) Shares Gap Up – Should You Buy?

Deutsche Boerse AG (OTCMKTS:DBOEY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $28.20, but opened at $29.6150. Deutsche Boerse shares last traded at $29.62, with a volume of 4,961 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Deutsche Boerse in a report on Friday, May 1st. Oddo Bhf raised shares of Deutsche Boerse to an “outperform” rating in a report on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Deutsche Boerse currently has an average rating of “Hold”.

Deutsche Boerse Price Performance

The company’s 50-day simple moving average is $28.86 and its 200 day simple moving average is $27.56. The firm has a market cap of $53.28 billion, a P/E ratio of 22.76, a price-to-earnings-growth ratio of 1.84 and a beta of 0.44.

Deutsche Boerse (OTCMKTS:DBOEY) last posted its earnings results on Monday, April 27th. The financial services provider reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.90 billion. Deutsche Boerse had a net margin of 32.67% and a return on equity of 19.99%. Analysts anticipate that Deutsche Boerse AG will post 1.42 EPS 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.