Deutsche Bank Aktiengesellschaft (NYSE: DB)’s stock price has decreased by -1.71 compared to its previous closing price of 10.50. Nevertheless, the company has seen a -13.35% plunge in its stock price over the last five trading sessions. Barron’s reported on 11/11/22 that M&A Is Slowing as Financing Costs Tick Higher
Is It Worth Investing in Deutsche Bank Aktiengesellschaft (NYSE: DB) Right Now?
The price-to-earnings ratio for Deutsche Bank Aktiengesellschaft (NYSE: DB) is above average at 6.05x. The 36-month beta value for DB is also noteworthy at 1.37. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 3 rating it as “sell.”
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The average price estimated by analysts for DB is $15.14, which is $2.01 above than the current price. The public float for DB is 1.91B, and at present, short sellers hold a 0.56% of that float. The average trading volume of DB on March 17, 2023 was 3.98M shares.
DB’s Market Performance
The stock of Deutsche Bank Aktiengesellschaft (DB) has seen a -13.35% decrease in the past week, with a -16.77% drop in the past month, and a -5.41% fall in the past quarter. The volatility ratio for the week is 4.18%, and the volatility levels for the past 30 days are at 2.12% for DB. The simple moving average for the last 20 days is -14.21% for DB stock, with a simple moving average of 2.17% for the last 200 days.
DB Trading at -17.01% from the 50-Day Moving Average
After a stumble in the market that brought DB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.95% of loss for the given period.
Volatility was left at 2.12%, however, over the last 30 days, the volatility rate increased by 4.18%, as shares sank -15.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.87% lower at present.
During the last 5 trading sessions, DB fell by -13.35%, which changed the moving average for the period of 200-days by -8.27% in comparison to the 20-day moving average, which settled at $11.93. In addition, Deutsche Bank Aktiengesellschaft saw -10.42% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DB
Current profitability levels for the company are sitting at:
- +20.56 for the present operating margin
The net margin for Deutsche Bank Aktiengesellschaft stands at +20.80. Equity return is now at value 3.70, with 0.20 for asset returns.
In summary, Deutsche Bank Aktiengesellschaft (DB) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.