Deutsche Börse (ETR:DB1) Shares Pass Above 200 Day Moving Average – What’s Next?

Deutsche Börse AG (ETR:DB1Get Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €254.98 ($293.08) and traded as high as €271.50 ($312.07). Deutsche Börse shares last traded at €270.20 ($310.57), with a volume of 267,024 shares trading hands.

Deutsche Börse Price Performance

The stock has a 50-day simple moving average of €279.75 and a 200-day simple moving average of €254.98. The stock has a market cap of $49.64 billion, a P/E ratio of 18.10, a PEG ratio of 3.50 and a beta of 0.60.

About Deutsche Börse

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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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