Deutsche Beteiligungs (ETR:DBAN) Shares Up 0.4% - Here's Why

Key Points

• Deutsche Beteiligungs AG shares rose 0.4%, closing at €24.65 ($28.66) after trading as high as €24.80 ($28.84) on Tuesday.
• The company's stock volume decreased significantly, with only 5,786 shares traded, representing an 86% drop from its average session volume.
• Deutsche Beteiligungs specializes in private equity and venture capital, focusing on various investment strategies including management buyouts and growth capital for small and medium-sized companies.

Deutsche Beteiligungs AG (ETR:DBAN - Get Free Report) shares were up 0.4% during mid-day trading on Tuesday . The stock traded as high as €24.80 ($28.84) and last traded at €24.65 ($28.66). Approximately 5,786 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 42,193 shares. The stock had previously closed at €24.55 ($28.55).

Deutsche Beteiligungs Trading Up 0.6%

The company has a 50 day simple moving average of €24.90 and a 200-day simple moving average of €24.92. The stock has a market cap of $452.25 million, a price-to-earnings ratio of 9.78, a P/E/G ratio of -0.78 and a beta of 1.10.

About Deutsche Beteiligungs

Deutsche Beteiligungs AG is a private equity and venture capital firm specializing in direct and fund of fund investments. Within direct investments the firm specializes in expansion capital, management buyout, emerging growth, middle market, mid venture, late venture, growth capital, add-on acquisitions, bridge financing, PIPES, management buy-ins for experienced executives, corporate spin-offs, succession arrangements and generational transition in a family-owned business, small and medium-sized companies, and pre-IPO stage investments.