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Deutsche Bank AG (DB) Stock Could Soon Reward Patient Investors

Deutsche Bank AG (NYSE: DB) is 30.18% higher on its value in year-to-date trading and has touched a low of $10.00 and a high of $17.95 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 $17.50 in the last trading session, with the day’s gains setting it 0.14%.

Currently trading at $17.64, the stock is 1.91% and 6.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 0.80% at the moment leaves the stock 13.47% off its SMA200. DB registered 70.76% gain for a year compared to 6-month gain of 10.87%. The firm has a 50-day simple moving average (SMA 50) of $16.4958 and a 200-day simple moving average (SMA200) of $15.54605.

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The stock witnessed a 3.70% loss in the last 1 month and extending the period to 3 months gives it a 4.19%, and is -0.73% down 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 1.24% over the week and 1.19% over the month.

Deutsche Bank AG (DB) has around 90130 employees, a market worth around $34.36B and $70.77B in sales. Current P/E ratio is 9.76 and Fwd P/E is 5.91. Profit margin for the company is 5.33%. Distance from 52-week low is 76.40% and -1.75% from its 52-week high. The company has generated returns on investments over the last 12 months (1.93%).

with sales reaching $7.94B over the same period.The EPS is expected to grow by 19.32% this year, but quarterly earnings will post 2.60% year-over-year. Quarterly sales are estimated to grow 4.30% in year-over-year returns.

Deutsche Bank AG (DB) Top Institutional Holders

The shares outstanding are 1.99B, and float is at 1.80B with Short Float at 0.84%.

The top institutional shareholder in the company is DEUTSCHE BANK AG with over 82.5 million shares valued at $1.32 billion. The investor’s holdings represent 4.0976% of the DB Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 78.27 million shares valued at $1.25 billion to account for 3.8875 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 73.27 million shares representing 3.6391% and valued at over $1.17 billion, while ARROWSTREET CAPITAL, LIMITED PARTNERSHIP holds 2.2518 of the shares totaling 45.34 million with a market value of $723.77 million.

Deutsche Bank AG (DB) Insider Activity

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