Deutsche Boerse (OTCMKTS:DBOEY) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Deutsche Boerse AG (OTCMKTS:DBOEYGet Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $25.53 and traded as low as $25.20. Deutsche Boerse shares last traded at $25.25, with a volume of 213,034 shares changing hands.

Analyst Ratings Changes

A number of research firms recently weighed in on DBOEY. JPMorgan Chase & Co. raised Deutsche Boerse from a “neutral” rating to an “overweight” rating in a research note on Friday, November 28th. Cfra Research upgraded shares of Deutsche Boerse to a “hold” rating in a research note on Tuesday, October 28th. Kepler Capital Markets lowered shares of Deutsche Boerse from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Deutsche Boerse in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold”.

Read Our Latest Stock Report on DBOEY

Deutsche Boerse Stock Performance

The company’s 50 day moving average price is $25.53 and its 200-day moving average price is $26.84. The stock has a market cap of $46.40 billion, a P/E ratio of 21.04, a price-to-earnings-growth ratio of 3.41 and a beta of 0.53.

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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