Deutsche Börse (ETR:DB1) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Deutsche Börse AG (ETR:DB1)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €223.98 and traded as high as €258.20. Deutsche Börse shares last traded at €254.20, with a volume of 519,344 shares trading hands.

Deutsche Börse Stock Down 0.7%

The firm has a market capitalization of $46.56 billion, a price-to-earnings ratio of 16.98, a P/E/G ratio of 3.50 and a beta of 0.38. The business’s 50-day moving average is €232.67 and its two-hundred day moving average is €223.98. The company has a debt-to-equity ratio of 71.92, a quick ratio of 0.01 and a current ratio of 71.71.

About Deutsche Börse

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.