Deutsche Bank AG (NYSE: DB) – Time For Strategy Change?

Deutsche Bank AG (NYSE:DB) currently has a daily average trading volume of 3.35M but it saw 4074272 shares traded in last market. With a market cap of 30.62B USD, the company’s current market price of $15.73 came falling about -1.63 while comparing to the previous closing price of $15.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.33 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 $15.51, while its current price level is -3.70% below from 52-week high level whereas it is 60.18% 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 $14.23 while that of 200 days or SMA-200 reads an average of $12.21. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.53% during that period while stretching the period over a month that decreases to 1.31%. 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 60.99 which implies that the stock is in neutral territory.

Over the week, DB’s stock price is moving -1.38% down while it is 5.71% when we observe its performance for the past one month. Year-to-date it is 16.09% up and over the past year, the stock is showing an upside performance of 49.81%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.75 beat the consensus estimate of $0.34 for the same. For DB, analysts are forecasting an EPS-growth rate of -6.40% for current year and estimate for EPS growth in next year is 18.00%. In next quarter, company is expected to be making quarterly sales of $8.11 billion as analysts are expecting the sales for current fiscal year at $31.88 billion and seeing the company making $32.67 billion in sales next year. Moreover, analysts are in estimates of $8.35 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 41.12% 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 6.95 while having a 5.73 of forward P/E ratio. Stock’s beta reads 1.32. Stock has a price to book (P/B) ratio of 0.44 while price to sale or P/S ratio amounts to 0.48. Its return on asset (ROA) is 0.33% on average.