Deutsche Börse (OTCMKTS:DBOEY) Sets New 12-Month High – Time to Buy?

Deutsche Börse AG (OTCMKTS:DBOEY)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $23.58 and last traded at $23.41, with a volume of 187190 shares traded. The stock had previously closed at $23.40.

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 Price Performance

The stock’s fifty day simple moving average is $22.43 and its 200-day simple moving average is $20.91. The stock has a market cap of $44.48 billion, a P/E ratio of 22.72, a PEG ratio of 2.84 and a beta of 0.87.

Deutsche Börse (OTCMKTS:DBOEY) last posted its earnings results on Wednesday, July 24th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. The company had revenue of $1.88 billion for the quarter. Deutsche Börse had a return on equity of 19.28% and a net margin of 27.09%. Analysts forecast that Deutsche Börse AG will post 1.14 EPS for the current 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.