Deutsche Beteiligungs (ETR:DBAN) Shares Cross Below Fifty Day Moving Average – Here’s Why

Deutsche Beteiligungs AG (ETR:DBANGet Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of €22.63 and traded as low as €21.25. Deutsche Beteiligungs shares last traded at €21.40, with a volume of 2,720 shares changing hands.

Deutsche Beteiligungs Price Performance

The company has a market cap of $391.03 million, a price-to-earnings ratio of 8.46, a PEG ratio of -0.78 and a beta of 0.87. The company has a 50-day simple moving average of €22.46 and a 200-day simple moving average of €24.22. The company has a debt-to-equity ratio of 27.36, a quick ratio of 0.70 and a current ratio of 3.56.

About Deutsche Beteiligungs

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Deutsche Beteiligungs AG is a private equity and venture capital firm specializing in direct and fund of fund investments. Within direct investments the firm specializes in expansion capital, management buyout, emerging growth, middle market, mid venture, late venture, growth capital, add-on acquisitions, bridge financing, PIPES, management buy-ins for experienced executives, corporate spin-offs, succession arrangements and generational transition in a family-owned business, small and medium-sized companies, and pre-IPO stage investments.

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