Deutsche Börse (ETR:DB1) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Deutsche Börse AG (ETR:DB1)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €237.43 and traded as high as €254.80. Deutsche Börse shares last traded at €251.80, with a volume of 242,491 shares traded.

Deutsche Börse Price Performance

The stock has a market capitalization of $45.91 billion, a P/E ratio of 16.74, a PEG ratio of 3.50 and a beta of 0.30. The stock’s fifty day moving average is €248.54 and its 200-day moving average is €237.43. The company has a debt-to-equity ratio of 67.86, a current ratio of 1.01 and a quick ratio of 0.01.

Deutsche Börse Company Profile

Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.