Deutsche Börse (ETR:DB1) Stock Passes Above 200-Day Moving Average – Time to Sell?

Deutsche Börse AG (ETR:DB1)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €204.96 ($211.30) and traded as high as €224.10 ($231.03). Deutsche Börse shares last traded at €222.40 ($229.28), with a volume of 139,286 shares changing hands.

Deutsche Börse Price Performance

The firm has a fifty day moving average of €218.10 and a 200 day moving average of €205.09. 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 company has a market capitalization of $40.84 billion, a P/E ratio of 22.74, 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.