Deutsche Börse (ETR:DB1) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Deutsche Börse crossed above its 200-day moving average, trading as high as €243.20 and last at €241.50 versus the 200‑day MA of €222.92 (volume 301,977 shares).
• The stock was down 1.1% on the session; the company has a market cap of $44.05 billion, a P/E of 16.07, a PEG of 3.50 and a beta of 0.38.

Deutsche Börse AG (ETR:DB1 - ) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €222.92 and traded as high as €243.20. Deutsche Börse shares last traded at €241.50, with a volume of 301,977 shares.

Deutsche Börse Stock Down 1.1%

The company has a market capitalization of $44.05 billion, a PE ratio of 16.07, a price-to-earnings-growth ratio of 3.50 and a beta of 0.38. The business's 50 day simple moving average is €223.50 and its 200 day simple moving average is €222.92.

About Deutsche Börse

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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