Deutsche Boerse (OTCMKTS:DBOEY) Shares Pass Below 50 Day Moving Average - Should You Sell?

Key Points

• Deutsche Boerse's stock has fallen below its 50-day moving average of $30.53, trading at $29.45 on Friday, with a low of $29.22 during the session.
• Analyst ratings for Deutsche Boerse have seen mixed changes, with UBS Group downgrading the stock to a "hold" while Deutsche Bank reaffirmed a "buy" rating, resulting in a current consensus rating of "hold".
• In its latest quarterly earnings, Deutsche Boerse reported earnings per share of $0.34, exceeding analysts' estimates, and generated revenue of $3.51 billion, significantly above the $1.52 billion consensus estimate.

Deutsche Boerse AG (OTCMKTS:DBOEY - Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $30.53 and traded as low as $29.22. Deutsche Boerse shares last traded at $29.45, with a volume of 102,863 shares.

Analyst Ratings Changes

A number of brokerages recently issued reports on DBOEY. UBS Group cut Deutsche Boerse from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, June 11th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Deutsche Boerse in a research note on Friday, July 11th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold".

Deutsche Boerse Stock Down 0.5%

The company has a market cap of $55.45 billion, a P/E ratio of 25.17, a P/E/G ratio of 5.30 and a beta of 0.68. The business has a fifty day moving average of $30.53 and a 200 day moving average of $30.16.

Deutsche Boerse (OTCMKTS:DBOEY - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.06. Deutsche Boerse had a return on equity of 19.15% and a net margin of 30.17%.The business had revenue of $3.51 billion during the quarter, compared to the consensus estimate of $1.52 billion. On average, sell-side analysts anticipate that Deutsche Boerse AG will post 1.12 EPS for the current fiscal year.

Deutsche Boerse 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.

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