Deutsche Boerse (OTCMKTS:DBOEY) Hits New 52-Week High – Should You Buy?

Deutsche Boerse AG (OTCMKTS:DBOEY) reached a new 52-week high during trading on Monday . The company traded as high as $32.29 and last traded at $32.16, with a volume of 2336 shares changing hands. The stock had previously closed at $31.48.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DBOEY. Oddo Bhf upgraded shares of Deutsche Boerse to an “outperform” rating in a research report on Tuesday, April 28th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Deutsche Boerse in a report on Friday, May 1st. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

Deutsche Boerse Price Performance

The company’s 50 day simple moving average is $29.20 and its 200 day simple moving average is $28.52. The firm has a market cap of $57.90 billion, a price-to-earnings ratio of 23.64, a P/E/G ratio of 1.90 and a beta of 0.43.

Deutsche Boerse (OTCMKTS:DBOEY) last announced its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. The business had revenue of $1.88 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Deutsche Boerse had a return on equity of 20.33% and a net margin of 33.04%. As a group, analysts forecast that Deutsche Boerse AG will post 1.43 earnings per share for the current 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.