As of Friday close, Deutsche Bank Aktiengesellschaft’s (NYSE:DB) stock was up $0.01, moving up 0.09 percent to $10.72. The average number of shares traded per day over the past five days has been 1,906,020 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.21 fall in that time frame. In the last twenty days, the average volume was 1,852,735, while in the previous 50 days, it was 2,113,412.
Since last month, DB stock rose 0.09%. Shares of the company fell to $10.21 on 09/06/23, 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 -6.94% or -$0.80, and marked a new high 11 times. However, the stock has declined by -21.00% 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 1.32. 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 $0.64 quarterly earnings, the actual figure was $0.58 per share, beating the consensus estimate by -9.40%.
Technical Picture
This quick technical analysis looks at Deutsche Bank Aktiengesellschaft’s (DB) price momentum. With a historical volatility rate of 21.00%, the RSI 9-day stood at 49.73% on 22 September.
With respect to its five-day moving average, the current Deutsche Bank Aktiengesellschaft price is down by -1.92% percent or -$0.21. At present, DB shares trade +0.09% above its 20-day simple moving average and -0.74% percent below its 100-day simple moving average. However, the stock is currently trading approximately -0.74% below its SMA50 and +1.13% above its SMA200.
Stochastic coefficient K was 59.89% and Stochastic coefficient D was 56.71%, while ATR was 0.19. Given the Stochastic reading of 61.45% for the 14-day period, the RSI (14) reading has been calculated as 49.33%. As of today, the MACD Oscillator reading stands at -0.06, while the 14-day reading stands at 0.09.
Analyst Ratings
Deutsche Bank Aktiengesellschaft (DB) has been rated Overweight by analysts. According to 1 brokerage firm, 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.
