Deutsche Bank AG (NYSE: DB) Is Up 21.77% So Far This Year: What Will Happen Next?

The trading price of Deutsche Bank AG (NYSE:DB) remained unchanged on Tuesday, April 23, closing at $16.50.

The company’s P/E ratio in the trailing 12-month period was 7.29. In examining the 52-week price action we see that the stock hit a 52-week high of $16.50 and a 52-week low of $9.82. Over the past month, the stock has gained 7.84% in value.

Deutsche Bank AG, whose market valuation is $32.12 billion at the time of this writing. The dividend yield on the company stock is 1.97%, while its Forward Dividend ratio is 0.33. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.69 per share this quarter, however they have predicted annual earnings per share of 2.27 for current year and 2.69 for next year.

Analysts have forecast the company to bring in revenue of 8.21B for the current quarter, with the likely lows of 8.1B and highs of 8.29B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 31.25B.

On the technical side, indicators suggest DB has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

A quick review shows that DB’s price is currently 4.11% off the SMA20 and 12.48% off the SMA50. The RSI metric on the 14-day chart is currently showing 70.20, and weekly volatility stands at 1.52%. When measured over the past 30 days, the indicator reaches 1.49%. Deutsche Bank AG (NYSE:DB)’s beta value is currently sitting at 1.30, while the Average True Range indicator is currently displaying 0.30.

To see how Deutsche Bank AG stock has been performing in comparison to its peers in the industry, here are the numbers: DB stock’s performance was 0.00% in the latest trading, and 51.65% in the past year. Deutsche Bank AG has a P/E ratio of 7.29.

An evaluation of the daily trading volume of Deutsche Bank AG (NYSE:DB) indicates that the 3-month average is 3.53 million.

Currently, records show that 1.99 billion of the company’s shares remain outstanding. The insiders hold 6.67% of outstanding shares, whereas institutions hold 30.65%. However, since the stock’s price has seen 21.77% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

Most Popular