Deutsche Boerse (OTCMKTS:DBOEY) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Shares of Deutsche Boerse AG (OTCMKTS:DBOEY) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $25.39 and traded as low as $24.37. Deutsche Boerse shares last traded at $24.50, with a volume of 504,595 shares.

Wall Street Analysts Forecast Growth

A number of research firms have commented on DBOEY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Deutsche Boerse in a report on Wednesday. Kepler Capital Markets cut shares of Deutsche Boerse from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 6th. JPMorgan Chase & Co. upgraded shares of Deutsche Boerse from a “neutral” rating to an “overweight” rating in a research report on Friday, November 28th. Finally, Cfra Research raised shares of Deutsche Boerse to a “hold” rating in a report on Tuesday, October 28th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Deutsche Boerse Stock Performance

The stock has a market capitalization of $46.13 billion, a PE ratio of 20.42, a P/E/G ratio of 3.43 and a beta of 0.53. The company’s fifty day simple moving average is $25.39 and its two-hundred day simple moving average is $27.15.

Deutsche Boerse (OTCMKTS:DBOEY) last released its quarterly 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 19.20%. The business had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.46 billion. Sell-side analysts forecast that Deutsche Boerse AG will post 1.12 EPS for the current fiscal year.

About Deutsche Boerse

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.