Deutsche Bank Aktiengesellschaft

Last price: $13.63 Updated: 2 years ago 52w range: $8.85 to $14.02 52w change: 54.00% to -3.00% Forward PE: 5.73 Trailing EPS: 2.44 50d average: $13.01 (5%) 200d average: $11.30 (21%)
Open: $13.68 Previous close: $12.85 Change: $0.78 (6.07%) Day high: $13.74 Day low: $13.55 Volume: 1.91 million Avg. vol 3m: 2.46 million
NYSE NYSE:DB Cap: 27.94 billion Shares outstanding: 2.0 billion Price hint: 2 Price to book: 0.38 Annual dividend rate: 0.30 Annual dividend yield: 0.02 $0.32 dividend 3 years ago
Yahoo Quote

Ask about this stock

Ask a question.

Not personal financial advice.
Research

DB

Deutsche Bank Aktiengesellschaft is a leading global banking and financial services company, headquartered in Frankfurt, Germany. It has a diversified service portfolio, providing a variety of products and services in investment, retail, and corporate banking as well as asset and wealth management. It is one of the world's largest foreign exchange dealers.

In terms of its financial performance, Deutsche Bank had some difficulty in recent years and posted significant losses, which has negatively affected its stock price. The bank initiated a broad restructuring plan in 2019 to tackle cost inefficiency, risk management, and profitability issues.

According to latest reports, Deutsche Bank continues its recovery from previous difficulties and has reported sone positive quarterly profits, which is a good sign. However, the bank is still considered to be in a transitional period.

Investing in Deutsche Bank Aktiengesellschaft is considered to be a riskier venture, and investors should be cautious. The bank's shares have shown some recovery recently, which could suggest potential for growth in the future. But given its history of instability and the continuing challenges it faces as it undertakes its restructuring process, there's a degree of uncertainty surrounding its outlook.

In the banking sector, Deutsche Bank also faces heavy competition from other well-established banks, both within Germany and globally which adds another layer of risk.

As an investor, you should fully consider your personal risk tolerance and investment goals before making a decision. It's advisable to diversify your portfolio to mitigate potential risks associated with investing in a single company. As with any investment, it's crucial to conduct thorough research or consult with a financial advisor before making any investment decisions.

1 Feb 2024

Notes
Note URL