Deutsche Börse (OTCMKTS:DBOEY) Sets New 12-Month High – Time to Buy?

Deutsche Börse AG (OTCMKTS:DBOEY) reached a new 52-week high during trading on Monday . The company traded as high as $24.96 and last traded at $24.91, with a volume of 46632 shares. The stock had previously closed at $24.55.

Analyst Upgrades and Downgrades

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

Deutsche Börse Stock Performance

The firm’s 50 day moving average is $23.31 and its 200 day moving average is $22.60. The stock has a market cap of $46.60 billion, a P/E ratio of 22.71, a price-to-earnings-growth ratio of 3.20 and a beta of 0.86.

Deutsche Börse 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.