Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report)'s stock price hit a new 52-week high on Tuesday . The stock traded as high as $18.13 and last traded at $18.11, with a volume of 1088122 shares trading hands. The stock had previously closed at $17.40.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has an average rating of "Moderate Buy".
Get Our Latest Analysis on DB
Deutsche Bank Aktiengesellschaft Stock Performance
The firm has a market cap of $36.32 billion, a PE ratio of 9.35 and a beta of 1.20. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.47. The stock's 50 day moving average price is $17.17 and its 200 day moving average price is $16.67.
Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft
Hedge funds and other institutional investors have recently modified their holdings of the stock. Versant Capital Management Inc acquired a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $26,000. SYSTM Wealth Solutions LLC acquired a new position in Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB bought a new position in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth $43,000. Benjamin F. Edwards & Company Inc. acquired a new stake in Deutsche Bank Aktiengesellschaft in the second quarter worth $135,000. Finally, Allworth Financial LP lifted its stake in Deutsche Bank Aktiengesellschaft by 3,738.1% in the third quarter. Allworth Financial LP now owns 8,252 shares of the bank's stock valued at $143,000 after buying an additional 8,037 shares during the last quarter. Institutional investors own 27.90% of the company's stock.
About Deutsche Bank Aktiengesellschaft
(
Get Free Report)
Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.
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