Deutsche Boerse (OTCMKTS:DBOEY) Shares Gap Up – Here’s What Happened

Deutsche Boerse AG (OTCMKTS:DBOEY)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $28.20, but opened at $29.6150. Deutsche Boerse shares last traded at $29.62, with a volume of 4,961 shares.

Analyst Upgrades and Downgrades

DBOEY has been the subject of several recent analyst reports. Oddo Bhf raised shares of Deutsche Boerse to an “outperform” rating in a report 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 equities research analysts have 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 MarketBeat.com, Deutsche Boerse presently has a consensus rating of “Hold”.

Deutsche Boerse Trading Down 1.6%

The stock has a fifty day simple moving average of $28.75 and a 200-day simple moving average of $27.64. The stock has a market cap of $52.39 billion, a price-to-earnings ratio of 22.38, a price-to-earnings-growth ratio of 1.92 and a beta of 0.44.

Deutsche Boerse (OTCMKTS:DBOEY) last issued its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01. Deutsche Boerse had a return on equity of 19.99% and a net margin of 32.67%.The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.90 billion. Sell-side analysts forecast 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 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.