Deutsche Bank AG (NYSE:DB) shares, rose in value, with the stock price up by 0.40% to the previous day’s close as strong demand from buyers drove the stock to $19.98.
Actively observing the price movement in the recent trading, the stock is buoying the session at $19.90, falling within a range of $19.955 and $20.075. The value of beta (5-year monthly) is 1.112 whereas the PE ratio is 9.67 over 12-month period. Referring to stock’s 52-week performance, its high was $19.90, and the low was $12.43. On the whole, DB has fluctuated by 18.02% over the past month.
With the market capitalization of Deutsche Bank AG currently standing at about $37.91 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.49, with its dividend yield at 2.45%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 29.96B, with a low estimate of 7.05B and a high estimate of 7.21B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 7.12B.
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 price of DB currently trading nearly 10.59% and 14.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 78.93, while the 7-day volatility ratio is showing 0.87% which for the 30-day chart, stands at 1.34%. Furthermore, Deutsche Bank AG (DB)’s beta value is 1.23, and its average true range (ATR) is 0.35.
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 0.40% in today’s session so far, and over the past year, it grew by 53.10%%.
Data on historical trading for Deutsche Bank AG (NYSE:DB) indicates that the trading volumes over the past 10 days have averaged 1.73 and over the past 3 months, they’ve averaged 1.52 million. According to company’s latest data on outstanding shares, there are 1.94 billion shares outstanding.
Nearly 7.79% of Deutsche Bank AG’s shares belong to company insiders and institutional investors own 39.36% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.13 million shares as on 2024-12-31, resulting in a short ratio of 6.47. According to the data, the short interest in Deutsche Bank AG (DB) stood at 37.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 8.45 million. The stock has risen by 17.18% 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.
