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

Deutsche Börse AG (ETR:DB1Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €224.97 ($247.22) and traded as high as €272.20 ($299.12). Deutsche Börse shares last traded at €270.20 ($296.92), with a volume of 331,295 shares traded.

Deutsche Börse Stock Up 0.2 %

The stock has a market cap of $49.93 billion, a PE ratio of 18.21, a price-to-earnings-growth ratio of 3.50 and a beta of 0.60. The company’s fifty day moving average is €243.69 and its 200 day moving average is €224.97.

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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