At the last check on Friday, Deutsche Bank Aktiengesellschaft’s (NYSE:DB) stock was down -$0.01, moving down -0.09 percent to $10.88. The average number of shares traded per day over the past five days has been 1,628,161 shares. 3 times new highs have been achieved over the past 5 days, with a $0.16 gain in that time frame. In the last twenty days, the average volume was 1,619,140, while in the previous 50 days, it was 2,303,080.
Since last month, DB stock retreated -0.73%. Shares of the company fell to $10.56 on 08/08/23, the lowest level in the past month. A 52-week high of $13.57 was reached on 02/01/23 after having rallying from a 52-week low of $7.24. Since the beginning of this year, DB’s stock price has dropped by -5.56% or -$0.64, and marked a new high 11 times. However, the stock has declined by -19.82% since its 52-week high.
Valuation Metrics
Right now, Deutsche Bank Aktiengesellschaft (DB) has a P/E ratio of about 4.39. The stock’s beta is 1.33. Besides these, the trailing price-to-sales (P/S) ratio of 0.59, the price-to-book (PB) ratio of 0.29.
The latest dividend of $0.3237 per share was paid out, which is 119.76% more than last year’s $0.1473. On Friday February 3 2023, a $0.1765 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 2.85, and the total debt-to-equity ratio was 2.85. In the year ended June 29, operating margins totaled 37.00%. Based on annual data, DB earned $14.73 billion in gross profit and brought in $25.76 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.70%. Return on equity (ROE) for the past 12 months was 6.90%.
While analysts expected Deutsche Bank Aktiengesellschaft to report $0.65 quarterly earnings, the actual figure was $0.59 per share, beating the consensus estimate by -9.20%.
Technical Picture
This quick technical analysis looks at Deutsche Bank Aktiengesellschaft’s (DB) price momentum. With a historical volatility rate of 21.15%, the RSI 9-day stood at 49.68% on 31 August.
With respect to its five-day moving average, the current Deutsche Bank Aktiengesellschaft price is up by +1.48% percent or $0.16. At present, DB shares trade -1.28% below its 20-day simple moving average and +3.61% percent above its 100-day simple moving average. However, the stock is currently trading approximately +6.76% above its SMA50 and +3.91% above its SMA200.
Stochastic coefficient K was 60.16% and Stochastic coefficient D was 73.94%, while ATR was 0.18. Given the Stochastic reading of 44.98% for the 14-day period, the RSI (14) reading has been calculated as 50.31%. As of today, the MACD Oscillator reading stands at 0.11, while the 14-day reading stands at 0.16.
Analyst Ratings
Deutsche Bank Aktiengesellschaft downgraded its rating on Deutsche Bank Aktiengesellschaft (NYSE: DB) to a Hold in a note to investors on July 10, 2023. The analysts firm previously had a Buy rating on the stock.Deutsche Bank Aktiengesellschaft (DB) has been rated Hold by analysts. According to 2 brokerage firms, DB is a sell, and 10 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Deutsche Bank Aktiengesellschaft stock as buy, with 7 recommending it as overweight.
With a median target price of $13.23, the current consensus forecast for the stock is $10.77 – $21.24. Based on these forecasts, analysts predict Deutsche Bank Aktiengesellschaft (DB) will achieve an average price target of $14.58.
