Deutsche Bank AG (DB) : During the past 4 weeks, traders have been relatively bearish on Deutsche Bank AG (DB), hence the stock is down -5.94% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.88% relative to the S&P 500. The 4-week change in the price of the stock is -5.57% and the stock has fallen -4.91% in the past 1 week.
Deutsche Bank AG has dropped 19.87% during the last 3-month period . Year-to-Date the stock performance stands at -43.89%. The stock has recorded a 20-day Moving Average of 1.04% and the 50-Day Moving Average is 5.03%.
Deutsche Bank AG (NYSE:DB): The stock opened at $13.55 on Friday but the bulls could not build on the opening and the stock topped out at $13.63 for the day. The stock traded down to $13.45 during the day, due to lack of any buying support eventually closed down at $13.55 with a loss of -3.01% for the day. The stock had closed at $13.97 on the previous day. The total traded volume was 4,551,277 shares.
Also, In the latest statement by the brokerage house, Barclays downgrades its outlook on Deutsche Bank AG (NYSE:DB). The current rating of the shares is Equal-weight, according to the research report released by the firm. Previously, the company had a rating of Overweight. The rating by the firm was issued on June 9, 2016.
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.