Deutsche Börse (ETR:DB1) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Deutsche Börse AG (ETR:DB1)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €213.58 ($222.48) and traded as high as €242.60 ($252.71). Deutsche Börse shares last traded at €240.90 ($250.94), with a volume of 284,981 shares traded.

Deutsche Börse Stock Performance

The business’s 50-day moving average price is €227.86 and its 200-day moving average price is €213.58. The company has a current ratio of 1.01, a quick ratio of 0.01 and a debt-to-equity ratio of 73.74. The stock has a market cap of $44.38 billion, a PE ratio of 24.71, a P/E/G ratio of 3.50 and a beta of 0.60.

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.