Deutsche Boerse (OTCMKTS:DBOEY) Trading 1.1% Higher - Here's Why

Key Points

• Deutsche Boerse AG shares increased by 1.1% during mid-day trading, reaching a last trade price of $26.75, with trading volume exceeding the daily average by 40%.
• Analysts have mixed views on the stock; while Deutsche Bank retains a "buy" rating, UBS Group downgraded it to a "hold", resulting in an average rating of "Hold."
• In its latest earnings report, Deutsche Boerse outperformed expectations with $0.34 earnings per share, significantly higher than the consensus estimate of $0.28.

Deutsche Boerse AG (OTCMKTS:DBOEY - Get Free Report) shares were up 1.1% during mid-day trading on Tuesday . The company traded as high as $26.80 and last traded at $26.75. Approximately 243,893 shares traded hands during mid-day trading, an increase of 40% from the average daily volume of 173,648 shares. The stock had previously closed at $26.45.

Analyst Ratings Changes

Several research analysts have commented on the company. UBS Group downgraded Deutsche Boerse from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, June 11th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Deutsche Boerse in a research note on Friday, July 11th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold".

Deutsche Boerse Trading Up 1.1%

The stock has a market capitalization of $50.37 billion, a P/E ratio of 22.86, a P/E/G ratio of 4.73 and a beta of 0.68. The firm's fifty day moving average is $28.80 and its 200-day moving average is $30.30.

Deutsche Boerse (OTCMKTS:DBOEY - Get Free Report) last posted its earnings results on Thursday, July 24th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.06. Deutsche Boerse had a net margin of 30.17% and a return on equity of 19.15%. The company had revenue of $3.51 billion during the quarter, compared to analysts' expectations of $1.52 billion. Equities research analysts expect that Deutsche Boerse AG will post 1.12 EPS for the current year.

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.

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