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

Deutsche Boerse AG (OTCMKTS:DBOEY - Get Free Report)'s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $32.02 and traded as low as $31.44. Deutsche Boerse shares last traded at $31.83, with a volume of 171,438 shares trading hands.

Analyst Ratings Changes

DBOEY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Deutsche Boerse in a report on Friday. Kepler Capital Markets lowered Deutsche Boerse from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 29th. Finally, UBS Group downgraded Deutsche Boerse from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, June 11th.

Deutsche Boerse Stock Performance

The business has a fifty day moving average of $31.98 and a 200-day moving average of $28.79. The company has a market capitalization of $58.73 billion, a P/E ratio of 27.12, a PEG ratio of 4.65 and a beta of 0.67.

Deutsche Boerse (OTCMKTS:DBOEY - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The financial services provider reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.01. The firm had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.49 billion. Deutsche Boerse had a net margin of 28.89% and a return on equity of 19.29%. Sell-side analysts anticipate that Deutsche Boerse AG will post 1.12 EPS for the current year.

Deutsche Boerse Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, June 3rd. Investors of record on Monday, May 19th were given a $0.2651 dividend. This is a boost from Deutsche Boerse's previous dividend of $0.26. The ex-dividend date was Friday, May 16th. This represents a yield of 0.83%. Deutsche Boerse's dividend payout ratio (DPR) is presently 22.61%.

About Deutsche Boerse

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.