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Deutsche Börse (ETR:DB1) Shares Pass Above 200-Day Moving Average - Here's Why

Deutsche Börse logo with Financial Services background

Deutsche Börse AG (ETR:DB1 - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €240.96 ($267.73) and traded as high as €294.20 ($326.89). Deutsche Börse shares last traded at €291.70 ($324.11), with a volume of 429,700 shares traded.

Deutsche Börse Stock Performance

The company has a 50 day moving average of €270.71 and a 200 day moving average of €242.83. The stock has a market capitalization of $51.72 billion, a price-to-earnings ratio of 18.86, a P/E/G ratio of 3.50 and a beta of 0.60.

Deutsche Börse Company Profile

(Get Free Report)

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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