Deutsche Bank AG (NYSE: DB) Now $9.82 Higher From Its Low (6.33), Does It Still Have A Growth Story?

Deutsche Bank AG (NYSE:DB) currently has a daily average trading volume of 3.32M but it saw 2761752 shares traded in last market. With a market cap of 31.44B USD, the company’s current market price of $16.15 came rising about 2.93 while comparing to the previous closing price of $15.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.97 and as low as $9.82.

Taking a look at 20-day trading activity of Deutsche Bank AG (DB) gives us an average price of $15.00, while its current price level is 1.13% below from 52-week high level whereas it is 64.46% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $13.89 while that of 200 days or SMA-200 reads an average of $12.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.12% during that period while stretching the period over a month that increases to 1.28%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 77.95 which implies that the stock is in overbought territory.

Over the week, DB’s stock price is moving 5.14% up while it is 18.84% when we observe its performance for the past one month. Year-to-date it is 19.19% up and over the past year, the stock is showing an upside performance of 58.18%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.74 beat the consensus estimate of $0.34 for the same. For DB, analysts are forecasting an EPS-growth rate of -6.10% for current year and estimate for EPS growth in next year is 17.70%. In next quarter, company is expected to be making quarterly sales of $8.02 billion as analysts are expecting the sales for current fiscal year at $31.49 billion and seeing the company making $32.27 billion in sales next year. Moreover, analysts are in estimates of $8.16 billion for current-quarter revenue.

Currently, Deutsche Bank AG’s total number of outstanding shares is 1.99B with 8.04% of that held by the insiders while 41.19% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.37% and return on equity (ROE) at 6.94%. It has a price to earnings ratio (P/E ratio) of 7.13 while having a 5.88 of forward P/E ratio. Stock’s beta reads 1.32. Stock has a price to book (P/B) ratio of 0.45 while price to sale or P/S ratio amounts to 0.49. Its return on asset (ROA) is 0.33% on average.