Deutsche Börse (OTCMKTS:DBOEY) Reaches New 12-Month High - Here's Why

Shares of Deutsche Börse AG (OTCMKTS:DBOEY - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $33.00 and last traded at $32.75, with a volume of 381407 shares changing hands. The stock had previously closed at $32.11.

Analysts Set New Price Targets

Separately, Kepler Capital Markets cut shares of Deutsche Börse from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 29th.

Deutsche Börse Trading Down 0.9 %

The company has a market cap of $61.95 billion, a PE ratio of 28.86, a price-to-earnings-growth ratio of 3.54 and a beta of 0.71. The firm has a fifty day moving average of $29.81 and a two-hundred day moving average of $25.83.

Deutsche Börse (OTCMKTS:DBOEY - Get Free Report) last released its earnings results on Monday, April 28th. The financial services provider reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.01. The business had revenue of $1.59 billion for the quarter, compared to analysts' expectations of $1.49 billion. Deutsche Börse had a return on equity of 20.07% and a net margin of 27.64%. Sell-side analysts expect that Deutsche Börse AG will post 1.12 EPS for the current fiscal year.

Deutsche Börse Company Profile

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.