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Are we looking at the next big move in Deutsche Bank AG (DB)?

Deutsche Bank AG (NYSE: DB) is 15.94% higher on its value in year-to-date trading and has touched a low of $9.82 and a high of $15.97 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DB stock was last observed hovering at around $15.77 in the last trading session, with the day’s loss setting it -0.06%.

Currently trading at $15.71, the stock is 7.10% and 14.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.39 million and changing -0.38% at the moment leaves the stock 31.40% off its SMA200. DB registered 58.05% gain for a year compared to 6-month gain of 43.60%.

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The stock witnessed a 16.98% loss in the last 1 month and extending the period to 3 months gives it a 15.35%, and is 2.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.99% over the week and 1.28% over the month.

Deutsche Bank AG (DB) has around 90130 employees, a market worth around $30.58B and $64.21B in sales. Current P/E ratio is 6.94 and Fwd P/E is 5.74. Profit margin for the company is 7.42%. Distance from 52-week low is 59.98% and -1.63% from its 52-week high. The company has generated returns on investments over the last 12 months (2.37%).

Deutsche Bank AG quarterly earnings per share for the current quarter are estimated at $0.68.The EPS is expected to grow by 6.08% this year, but quarterly earnings will post 1.60% year-over-year.

Deutsche Bank AG (DB) Top Institutional Holders

628 institutions hold shares in Deutsche Bank AG (DB), with institutional investors hold 45.15% of the company’s shares. The shares outstanding are 1.99B, and float is at 1.82B with Short Float at 0.41%. Institutions hold 41.52% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 76.41 million shares valued at $804.57 million. The investor’s holdings represent 3.74% of the DB Shares outstanding. As of Jun 29, 2023, the second largest holder is Hudson Executive Capital, LP with 67.39 million shares valued at $709.61 million to account for 3.30% of the shares outstanding. The other top investors are Norges Bank Investment Management which holds 45.4 million shares representing 2.23% and valued at over $523.02 million, while Amundi holds 1.82% of the shares totaling 37.06 million with a market value of $390.21 million.

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