Deutsche Börse (OTCMKTS:DBOEY) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Deutsche Börse AG (OTCMKTS:DBOEY)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $22.16 and traded as high as $22.98. Deutsche Börse shares last traded at $22.85, with a volume of 99,509 shares trading hands.

Analysts Set New Price Targets

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

Deutsche Börse Trading Down 0.0 %

The stock has a market cap of $43.01 billion, a P/E ratio of 20.95, a PEG ratio of 3.06 and a beta of 0.86. The company’s 50-day simple moving average is $23.01 and its 200 day simple moving average is $22.18.

Deutsche Börse (OTCMKTS:DBOEY) last posted its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $0.29 earnings per share for the quarter. Deutsche Börse had a return on equity of 19.29% and a net margin of 26.71%. The business had revenue of $1.88 billion for the quarter. Research analysts anticipate that Deutsche Börse AG will post 1.18 earnings per share for the current fiscal 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.