Deutsche Boerse (OTCMKTS:DBOEY) Sees Strong Trading Volume – Still a Buy?

Shares of Deutsche Boerse AG (OTCMKTS:DBOEY) saw unusually-strong trading volume on Monday . Approximately 343,587 shares traded hands during mid-day trading, an increase of 8% from the previous session’s volume of 317,677 shares.The stock last traded at $24.9350 and had previously closed at $25.14.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Kepler Capital Markets cut Deutsche Boerse from a “hold” rating to a “strong sell” rating in a report on Thursday, November 6th. Cfra Research raised Deutsche Boerse to a “hold” rating in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Deutsche Boerse Stock Performance

The firm has a market capitalization of $46.77 billion, a price-to-earnings ratio of 20.70, a price-to-earnings-growth ratio of 4.16 and a beta of 0.58. The business has a fifty day moving average of $25.77 and a two-hundred day moving average of $29.03.

Deutsche Boerse (OTCMKTS:DBOEY) last announced its earnings results on Monday, October 27th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.04. Deutsche Boerse had a net margin of 31.24% and a return on equity of 19.52%. The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.46 billion. As a group, sell-side analysts predict that Deutsche Boerse AG will post 1.12 EPS for the current fiscal year.

Deutsche Boerse 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.