Deutsche Bank AG (NYSE: DB) Emerges As Guiding Light For Investors

Deutsche Bank AG (NYSE:DB) currently has a daily average trading volume of 1.60M but it saw 1997639 shares traded in last market. With a market cap of 30.52B USD, the company’s current market price of $15.67 came rising about 1.49 while comparing to the previous closing price of $15.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.95 and as low as $10.00. In the recent trading on the day, stock has struck highest price mark of $15.53 while lowest mark touched by it was $15.715.

Taking a look at 20-day trading activity of Deutsche Bank AG (DB) gives us an average price of $15.01, while its current price level is -12.73% below from 52-week high level whereas it is 56.70% 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 $15.75 while that of 200 days or SMA-200 reads an average of $14.67. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.07% during that period while stretching the period over a month that increases to 1.79%. 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 54.87 which implies that the stock is in neutral territory.

Over the week, DB’s stock price is moving 5.95% up while it is -8.04% when we observe its performance for the past one month. Year-to-date it is 15.65% up and over the past year, the stock is showing an upside performance of 46.04%.

The company is expected to be releasing its next quarterly report on 2024-Oct-23, for which analysts forecasted an EPS of 0.5 while estimate for next year EPS is 2.2. In next quarter, company is expected to be making quarterly sales of $7.72B as analysts are expecting the sales for current fiscal year at $32.7B and seeing the company making $33.62B in sales next year. Moreover, analysts are in estimates of $7.92B for current-quarter revenue.

Currently, Deutsche Bank AG’s total number of outstanding shares is 1.99B with 7.96% of that held by the insiders while 47.82% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.93% and return on equity (ROE) at 5.54%. It has a price to earnings ratio (P/E ratio) of 8.67 while having a 5.43 of forward P/E ratio. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 0.45 while price to sale or P/S ratio amounts to 0.43. Its return on asset (ROA) is 0.26% on average.