Diebold Nixdorf, Incorporated (NYSE:DBD - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $42.87 and traded as high as $43.37. Diebold Nixdorf shares last traded at $42.50, with a volume of 91,996 shares trading hands.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on DBD. StockNews.com lowered Diebold Nixdorf from a "buy" rating to a "hold" rating in a report on Friday, October 11th. Wedbush reiterated an "outperform" rating and issued a $60.00 target price (up from $50.00) on shares of Diebold Nixdorf in a research note on Wednesday, December 11th.
Check Out Our Latest Analysis on Diebold Nixdorf
Diebold Nixdorf Stock Performance
The company has a market cap of $1.61 billion, a PE ratio of 328.87 and a beta of 1.85. The stock's 50-day simple moving average is $44.92 and its 200 day simple moving average is $42.88. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.96 and a current ratio of 1.45.
Institutional Investors Weigh In On Diebold Nixdorf
A number of hedge funds have recently added to or reduced their stakes in DBD. Amalgamated Bank purchased a new position in shares of Diebold Nixdorf during the 2nd quarter worth approximately $34,000. nVerses Capital LLC acquired a new stake in Diebold Nixdorf in the second quarter valued at $35,000. ClariVest Asset Management LLC boosted its position in shares of Diebold Nixdorf by 1.7% during the 2nd quarter. ClariVest Asset Management LLC now owns 64,874 shares of the technology company's stock worth $2,496,000 after purchasing an additional 1,067 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Diebold Nixdorf by 215.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,770 shares of the technology company's stock worth $145,000 after purchasing an additional 2,576 shares during the period. Finally, Sei Investments Co. increased its holdings in shares of Diebold Nixdorf by 35.9% in the 2nd quarter. Sei Investments Co. now owns 15,590 shares of the technology company's stock valued at $600,000 after purchasing an additional 4,119 shares in the last quarter. Institutional investors and hedge funds own 97.04% of the company's stock.
About Diebold Nixdorf
(
Get Free Report)
Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.
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