Large Outflow of Money Witnessed in Deutsche Bank AG

Deutsche Bank AG (DB) : The total negative money flow of $1.99 million on Wednesday indicates selling on strength. The inflow of money on upticks was $22.97 million, compared to $24.96 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.92. The negative money flow of $1.97 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $5.81 million in a block trade.The transaction value of block trade on downtick was $7.78 million. The uptick to downtick ratio was 0.75. The price action in the Deutsche Bank AG (DB) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $12.14 with a gain of $0.22 , a change of 1.8% over the previous days close. The stock registered -4.82% for the week.


Deutsche Bank AG has lost 3% in the last five trading days and dropped 11.64% in the last 4 weeks. Deutsche Bank AG has dropped 12.7% during the last 3-month period . Year-to-Date the stock performance stands at -49.07%.

Deutsche Bank AG (DB) : 2 analysts are covering Deutsche Bank AG (DB) and their average rating on the stock is 4.5, which is read as a Strong Sell. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation.

Deutsche Bank AG (NYSE:DB): The stock opened at $12.32 and touched an intraday high of $12.32 on Wednesday. During the day, the stock corrected to an intraday low of $12.005, however, the bulls stepped in and pushed the price higher to close in the green at $12.3 with a gain of 3.19% for the day. The total traded volume for the day was 14,528,787. The stock had closed at $11.92 in the previous trading session.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *