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

Deutsche Boerse AG (OTCMKTS:DBOEY)’s share price reached a new 52-week high during trading on Thursday. The stock traded as high as $34.99 and last traded at $34.99, with a volume of 1,904 shares traded. The stock had previously closed at $34.53.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reissued a “sector perform” rating on shares of Deutsche Boerse in a research note on Monday, August 17th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Deutsche Boerse Price Performance

The company has a 50-day moving average price of $32.92 and a 200-day moving average price of $30.65. The firm has a market capitalization of $63.14 billion, a PE ratio of 23.66, a P/E/G ratio of 2.18 and a beta of 0.43.

Deutsche Boerse (OTCMKTS:DBOEY) last released its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.03. Deutsche Boerse had a net margin of 34.07% and a return on equity of 21.00%. The company had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.79 billion. On average, research analysts predict that Deutsche Boerse AG will post 1.42 earnings per share for the current fiscal year.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing systems, settlement platforms, and other services supporting global capital markets. The company serves exchanges, banks, investment firms, asset managers, corporations, and other financial institutions.

Its businesses include the Frankfurt Stock Exchange and Xetra trading platforms for equities and other securities, Eurex for derivatives, and Clearstream for securities settlement, custody, and related post-trade services.