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Deutsche Börse (OTCMKTS:DBOEY) Shares Pass Below 50-Day Moving Average - Here's Why

Deutsche Börse logo with Finance background

Deutsche Börse AG (OTCMKTS:DBOEY - Get Free Report)'s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $27.13 and traded as low as $26.92. Deutsche Börse shares last traded at $27.12, with a volume of 141,908 shares trading hands.

Deutsche Börse Stock Up 3.4 %

The stock's 50 day moving average is $27.62 and its 200-day moving average is $24.80. The company has a market cap of $57.30 billion, a PE ratio of 26.69, a P/E/G ratio of 3.54 and a beta of 0.76.

About Deutsche Börse

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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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