Deutsche Bank AG (NYSE:DB) shares, rose in value on Friday, April 26, with the stock price down by -1.42% to the previous day’s close as strong demand from buyers drove the stock to $17.67.
Actively observing the price movement in the recent trading, the stock is buoying the session at $17.92. The PE ratio was 8.04 over 12-month period. Referring to stock’s 52-week performance, its high was $17.95, and the low was $9.82. On the whole, DB has fluctuated by 10.68% over the past month.
The company’s Forward Dividend Ratio is 0.32, with its dividend yield at 1.83%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 31.43B, with a low estimate of 7.99B and a high estimate of 7.99B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 7.99B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DB’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of DB currently trading nearly 10.39% and 18.98% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 75.78, while the 7-day volatility ratio is showing 1.55% which for the 30-day chart, stands at 1.60%. Furthermore, Deutsche Bank AG (DB)’s beta value is 1.27, and its average true range (ATR) is 0.37.
A comparison of Deutsche Bank AG (DB) with its peers suggests the former has fared considerably weaker in the market. DB showed an intraday change of -1.42% in today’s session so far, and over the past year, it grew by 66.02%%.
Data on historical trading for Deutsche Bank AG (NYSE:DB) indicates that the trading volumes over the past 3 months, they’ve averaged 3.62 million. According to company’s latest data on outstanding shares, there are 1.99 billion shares outstanding.
Nearly 6.67% of Deutsche Bank AG’s shares belong to company insiders and institutional investors own 30.69% of the company’s shares. The stock has risen by 30.37% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DB stock heading into the next quarter.
