Deutsche Börse (OTCMKTS:DBOEY) Sets New 52-Week High – Time to Buy?

Shares of Deutsche Börse AG (OTCMKTS:DBOEY) reached a new 52-week high on Tuesday . The company traded as high as $24.19 and last traded at $24.19, with a volume of 50105 shares trading hands. The stock had previously closed at $23.65.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded Deutsche Börse to a “hold” rating in a report on Friday, October 4th.

Deutsche Börse Stock Up 0.2 %

The company has a market capitalization of $46.08 billion, a P/E ratio of 22.45, a P/E/G ratio of 3.14 and a beta of 0.86. The firm has a fifty day simple moving average of $23.12 and a 200-day simple moving average of $22.46.

Deutsche Börse (OTCMKTS:DBOEY) last issued its quarterly earnings results on Tuesday, October 22nd. The financial services provider reported $0.29 EPS for the quarter. Deutsche Börse had a return on equity of 19.29% and a net margin of 26.71%. The company had revenue of $1.88 billion for the quarter. On average, sell-side analysts predict that Deutsche Börse AG will post 1.06 earnings per share for the current fiscal year.

About Deutsche Börse

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.