Deutsche Boerse (OTCMKTS:DBOEY) Sees Large Volume Increase – Here’s Why

Shares of Deutsche Boerse AG (OTCMKTS:DBOEYGet Free Report) saw an uptick in trading volume on Monday . 1,057,257 shares were traded during mid-day trading, an increase of 176% from the previous session’s volume of 383,560 shares.The stock last traded at $29.1527 and had previously closed at $28.38.

Wall Street Analyst Weigh In

DBOEY has been the topic of several research analyst reports. Royal Bank Of Canada reissued a “sector perform” rating on shares of Deutsche Boerse in a research note on Friday, May 1st. Oddo Bhf raised shares of Deutsche Boerse to an “outperform” rating in a research note on Tuesday, April 28th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

View Our Latest Stock Analysis on Deutsche Boerse

Deutsche Boerse Stock Up 2.8%

The stock has a 50 day simple moving average of $28.65 and a 200 day simple moving average of $27.68. The stock has a market cap of $52.54 billion, a price-to-earnings ratio of 22.44, a PEG ratio of 1.85 and a beta of 0.44.

Deutsche Boerse (OTCMKTS:DBOEYGet Free Report) last posted its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.01. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.90 billion. Deutsche Boerse had a net margin of 32.67% and a return on equity of 19.99%. Equities analysts expect that Deutsche Boerse AG will post 1.42 earnings per share for the current year.

Deutsche Boerse Company Profile

(Get Free Report)

Deutsche Börse AG is a Germany‑based provider of marketplace infrastructure, trading technology and post‑trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post‑trade and custody services provided by Clearstream.

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