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Deutsche Börse (ETR:DB1) Shares Cross Above Two Hundred Day Moving Average - Here's Why

Deutsche Börse logo with Financial Services background
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Deutsche Börse AG (ETR:DB1 - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €227.57 ($247.36) and traded as high as €269.20 ($292.61). Deutsche Börse shares last traded at €266.50 ($289.67), with a volume of 385,041 shares.

Deutsche Börse Price Performance

The firm has a market capitalization of $50.08 billion, a price-to-earnings ratio of 18.26, a PEG ratio of 3.50 and a beta of 0.60. The business's fifty day simple moving average is €250.24 and its 200 day simple moving average is €228.55.

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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