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Deutsche Bank Stock Slides 9% So Far On Wednesday, Underperforms Market

(VIANEWS) – Shares of Deutsche Bank (NYSE: DB) slid 9.5% to $10.19 at 11:43 EST on Wednesday, after two successive sessions in a row of gains. NYSE is falling 2.55% to $14,563.94, following the last session’s upward trend. This seems, up to now, an all-around down trend exchanging session today.

Deutsche Bank’s last close was $11.26, 17.02% below its 52-week high of $13.57.

About Deutsche Bank

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions. The company's Investment Bank segment offers merger and acquisitions, and equity advisory services. This segment also focuses on financing, advisory, fixed income, risk management, sales and trading, and currency activities. The company's Private Bank segment provides payment and account services, and credit and deposit products, as well as investment advice products, such as environmental, social, and governance products. This segment also provides wealth management services, postal and parcel services, and digital offerings. The company's Asset Management segment provides investment solutions, such as alternative investments, which include real estate, infrastructure, private equity, liquid real assets, and sustainable investments; passive investments; and various other services, including insurance and pension solutions, asset liability management, portfolio management solutions, asset allocation advisory, structuring, and overlay to institutions, governments, corporations and foundations, and individual investors. As of December 31, 2021, it operated through 1,709 branches in 58 countries. The company was founded in 1870 and is headquartered in Frankfurt am Main, Germany.

Earnings Per Share

As for profitability, Deutsche Bank has a trailing twelve months EPS of $0.76.

PE Ratio

Deutsche Bank has a trailing twelve months price to earnings ratio of 13.44. Meaning, the purchaser of the share is investing $13.44 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.86%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Deutsche Bank’s stock is considered to be overbought (>=80).

Yearly Top and Bottom Value

Deutsche Bank’s stock is valued at $10.19 at 11:43 EST, way under its 52-week high of $13.57 and way higher than its 52-week low of $7.25.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 13.2% and 30.6%, respectively.

More news about Deutsche Bank (DB).

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