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

Deutsche Börse AG (OTCMKTS:DBOEY) reached a new 52-week high during trading on Tuesday . The stock traded as high as $24.19 and last traded at $24.19, with a volume of 50105 shares. The stock had previously closed at $23.65.

Analysts Set New Price Targets

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

Deutsche Börse Trading Up 2.3 %

The firm’s fifty day simple moving average is $23.03 and its 200 day simple moving average is $22.42. The company 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.

Deutsche Börse (OTCMKTS:DBOEY) last issued its earnings results on Tuesday, October 22nd. The financial services provider reported $0.29 earnings per share (EPS) for the quarter. Deutsche Börse had a net margin of 26.71% and a return on equity of 19.29%. The business had revenue of $1.88 billion during the quarter. As a group, sell-side analysts expect 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.