Deutsche Börse (OTCMKTS:DBOEY) Reaches New 1-Year High – What’s Next?

Deutsche Börse AG (OTCMKTS:DBOEY)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $24.19 and last traded at $24.19, with a volume of 50105 shares changing hands. The stock had previously closed at $23.65.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded shares of Deutsche Börse to a “hold” rating in a research note on Friday, October 4th.

Deutsche Börse Trading Up 2.3 %

The stock has a market cap of $45.55 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 3.07 and a beta of 0.86. The stock’s 50 day moving average is $23.03 and its two-hundred day moving average is $22.42.

Deutsche Börse (OTCMKTS:DBOEY) last issued its quarterly earnings results on Tuesday, October 22nd. The financial services provider reported $0.29 earnings per share for the quarter. The firm had revenue of $1.88 billion during the quarter. Deutsche Börse had a net margin of 26.71% and a return on equity of 19.29%. On average, sell-side analysts predict that Deutsche Börse AG will post 1.07 EPS for the current year.

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.