Deutsche Bank AG (DB) Shares are Up 3.17%

Deutsche Bank AG (DB) : Traders are bullish on Deutsche Bank AG (DB) as it has outperformed the S&P 500 by a wide margin of 4.24% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.86%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.17% in the last 1 week, and is up 4.02% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The shares have received a consensus rating of Sell for the current week The stock has recorded a twenty day Moving Average of 2.3% and the fifty day Moving Average is 0.92%. Deutsche Bank AG has dropped 22.89% during the last three month period . Year-to-Date the stock performance stands at -42.11%.


Deutsche Bank AG (NYSE:DB): On Fridays trading session , Opening price of the stock was $14.16 with an intraday high of $14.28. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $13.88. However, the stock managed to close at $13.98, a loss of 0.29% for the day. On the previous day, the stock had closed at $14.02. The total traded volume of the day was 5,257,870 shares.

Deutsche Bank AG is a global investment bank, which offers a range of products and services in investment, corporate and retail banking, as well as in asset and wealth management. The Group operates through five corporate divisions: Corporate Banking & Securities (CB&S), Private & Business Clients (PBC), Global Transaction Banking (GTB), Deutsche Asset & Wealth Management (Deutsche AWM) and Non-Core Operations Unit (NCOU). CB&S consists of two business divisions, Corporate Finance and Markets, which offers a range of financial products. PBC consists of three business units, Private and Commercial Banking, Advisory Banking International and Postbank. GTB delivers commercial banking products and services to corporate clients and financial institutions. Deutsche AWM is an investment organization which offers investments across various asset classes to individuals and institutions. NCOU operates as a separate division alongside Deutsche Banks core businesses.

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