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

Deutsche Börse logo with Financial Services background

Deutsche Börse AG (ETR:DB1 - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €256.99 ($298.83) and traded as high as €273.70 ($318.26). Deutsche Börse shares last traded at €272.50 ($316.86), with a volume of 334,544 shares changing hands.

Deutsche Börse Price Performance

The stock has a market capitalization of $50.96 billion, a PE ratio of 18.59, a P/E/G ratio of 3.50 and a beta of 0.60. The firm's 50 day simple moving average is €280.49 and its 200 day simple moving average is €256.99.

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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