Deutsche Bank first quarter profit surges on debt trading

Andrew Cummings
April 27, 2017

Deutsche Bank AG's short ratio is at 5.51 and the float short is at 2.47%. The net profit margin for Deutsche Bank AG stands at -6.50%.

Deutsche Bank AG (NYSE:DB) opened at 18.84 on Thursday.

Deutsche Bank declared last month that it hired Glenn Rewick as an MD in M&A focusing on Healthcare.

Looking about the past performance history, the company jumped 4.04% in past week and declined -3.23% in one month. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time.

Now the shares of Deutsche Bank AG (DB) has a trading volume of 18.24 Million shares, with an average trading volume of 5950 shares - with shares dropping to a 52 week low of $11.19, and the company's shares hitting a 52 week high of $ 20.94. Stock exchanged hands with the total volume of 18.24 Million shares, as contrast to its average volume of 7.92 Million shares.

FMSA HOLDINGS INC (FMSA) stock price distance from twenty day simple moving average slumped at -22.04% while its distance from fifty day simple moving average declined -36.61% along with -40.88% below distance from two hundred simple moving averages. The 52-week range of the share price is from $11.19 - $20.94. The Market Capitalization of the company stands at 37.42 Billion. This is an increase of 377% compared to the typical daily volume of 4,102 put options.

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10/04/2016 - Deutsche Bank AG had its "underperform" rating reiterated by analysts at Bank of America Merrill Lynch.

Shares of Five Below (NASDAQ:FIVE) traded up 0.21% during mid-day trading on Thursday, hitting $48.37. The ex-dividend date of this dividend is Friday, May 19th. It has a dividend yield of 1.09%.

A number of hedge funds have recently bought and sold shares of the stock.

Net revenue in the first quarter declined 9 percent, largely the result of an accounting effect known as debt-valuation adjustment, or DVA. The analysts offering Earnings Estimates for the company were believing that Deutsche Bank AG (DB) could bring EPS of $-0.02/share. Edge Wealth Management LLC boosted its stake in Deutsche Bank AG by 115.4% in the first quarter. The mean rating score for this stock is at 3.10. The short ratio in the company's stock is documented at 5.64 and the short float is around of 2.47%. Finally, LMR Partners LLP bought a new position in Deutsche Bank AG during the third quarter valued at approximately $1,048,000.

Deutsche Bank AG's John Cryan is keeping investors waiting for the return to growth he promised, as trading revenue at Europe's largest investment bank trailed peers in the first quarter.

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