Deutsche Bank Shares on the Rise: A Steady Recovery

Frankfurt’s Deutsche Bank has witnessed a slight increase in its share value, currently priced at €16.74, up from €16.66 at the previous close. This marks a positive shift after some periods of sideways movement, indicating a potential upward trend for the bank’s shares.

Today, Deutsche Bank ranks 23rd with a modest increase of 0.49% in the DAX, which overall has climbed by 0.74%. This places Deutsche Bank in the middle tier of the index performances for the day.

Trading volume today saw 7,924,340 of Deutsche Bank’s shares changing hands, compared to 32,183,093 shares traded the previous day. The shares have reached a new 52-week high of €16.74, significantly higher than the 52-week low of €8.85.

The total market value of freely traded shares of Deutsche Bank currently stands at €30.68 billion. This valuation contributes to a 1.73% weighting in the index calculation of the DAX, where Deutsche Bank is positioned behind major players such as SAP, Siemens, and Airbus in terms of market capitalization.

In the fiscal year ending December 2022, Deutsche Bank reported revenues of €5.02 billion and a profit of €5.60 billion, showcasing a robust financial performance.

This analysis is based on data from EOD Historical Data as of Friday, April 26, 2024, at 13:55. The information was automatically generated, analyzing market data which may be subject to slight delays.

This summary aims to provide a clear overview of Deutsche Bank’s current market status, reflecting its steady recovery and the potential for future growth.

See also  Bank of America predicts Nvidia stock could rise by 38% due to exceptional AI opportunity