Deutsche Börse (ETR:DB1) Shares Cross Above 200-Day Moving Average – Time to Sell?

Deutsche Börse AG (ETR:DB1Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €259.14 ($304.87) and traded as high as €272.00 ($320.00). Deutsche Börse shares last traded at €271.90 ($319.88), with a volume of 239,581 shares trading hands.

Deutsche Börse Price Performance

The firm has a market cap of $49.97 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 3.50 and a beta of 0.60. The company’s 50 day moving average price is €280.36 and its 200 day moving average price is €259.14.

Deutsche Börse Company Profile

(Get Free Report)

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.

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