Deutsche Boerse (OTCMKTS:DBOEY) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Deutsche Boerse AG (OTCMKTS:DBOEY) saw unusually-strong trading volume on Monday . 1,057,257 shares were traded during trading, an increase of 176% from the previous session’s volume of 383,560 shares.The stock last traded at $29.1527 and had previously closed at $28.38.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Oddo Bhf raised Deutsche Boerse to an “outperform” rating in a research note 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 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. According to MarketBeat, Deutsche Boerse has a consensus rating of “Hold”.

Deutsche Boerse Stock Performance

The stock’s 50 day moving average price is $28.65 and its 200 day moving average price is $27.68. The company has a market capitalization of $52.54 billion, a P/E ratio of 22.44, a price-to-earnings-growth ratio of 1.85 and a beta of 0.44.

Deutsche Boerse (OTCMKTS:DBOEY) last released its earnings results on Monday, April 27th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.01. Deutsche Boerse had a net margin of 32.67% and a return on equity of 19.99%. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.90 billion. On average, analysts expect that Deutsche Boerse AG will post 1.42 earnings per share 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.