() fell below its fifty-day moving average on Wednesday during trading. The stock's fifty-day moving average is $19.20, and it traded as low as 1774 cents. Shares of Deutsche Borse were last traded at $17.74 with 42,849 trading hands.
Wall Street analysts weigh in
Several research companies have published reports on DBOEY. Credit Suisse Group upgraded shares of Deutsche Borse to an "outperform" rating in a report published on Thursday, 16th March. Jefferies Financial Group downgraded shares of Deutsche Borse on February 21st from a "buy" rating to a "hold". Goldman Sachs Group started coverage of shares of Deutsche Borse on Tuesday, 9th May. The stock was given a rating of 'neutral.' Morgan Stanley raised their price target on shares of Deutsche Borse in a report published on Thursday, April 20, to EUR204.10 ($221.85). Five analysts have given the stock a hold recommendation and four others have recommended that the company be bought. The company has a moving average for fifty days of $19.18, and a moving average for 200 days of $18.16.
The last time ) released its quarterly results was on Wednesday, 26th April. The financial services provider posted $0.29 per share for the quarter. Deutsche Borse reported a return of equity of 18.58% and a margin net of 28.08%. The company had a revenue of $1.59billion during the quarter. Analysts predict that Deutsche Borse AG's earnings per share for this year will be 1.07
Deutsche Borse Increases Dividend
Recently, the company announced a dividend that will be paid out on Monday, 5th June. Dividends will be paid to stockholders who were in the books on Thursday, 18th May. This dividend will be paid on Thursday, May 18th. This dividend is an increase from the previous Deutsche Borse dividend of $0.23. This dividend yield is 1.34%. The payout ratio of Deutsche Borse is currently 28.41%.
About Deutsche Borse
The company provides information technology services as well as market data distribution. It is divided into the following segments: Eurex EEX Xetra 360T Clearstream IFS GSF Qontigo Data. The Eurex Segment includes electronic trading for European derivatives, commodities and foreign exchange.
MarketBeat.com offers a FREE daily email newsletter