Deutsche Boerse (OTCMKTS:DBOEY) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Deutsche Boerse AG (OTCMKTS:DBOEY) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $26.20 and traded as low as $23.8375. Deutsche Boerse shares last traded at $23.86, with a volume of 348,992 shares.

Analyst Ratings Changes

DBOEY has been the subject of a number of research analyst reports. Kepler Capital Markets cut shares of Deutsche Boerse from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 6th. Cfra Research raised shares of Deutsche Boerse to a “hold” rating in a research report on Tuesday, October 28th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Deutsche Boerse Stock Performance

The stock’s fifty day moving average is $26.20 and its two-hundred day moving average is $29.37. The firm has a market cap of $44.93 billion, a price-to-earnings ratio of 19.88, a PEG ratio of 4.16 and a beta of 0.58.

Deutsche Boerse (OTCMKTS:DBOEY) last issued its earnings results on Monday, October 27th. The financial services provider reported $0.33 EPS for the quarter, beating the consensus estimate of $0.29 by $0.04. Deutsche Boerse had a net margin of 31.24% and a return on equity of 19.52%. The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.46 billion. Sell-side analysts predict that Deutsche Boerse AG will post 1.12 earnings per share for the current year.

Deutsche Boerse 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.