Deutsche Stock Hits New 52-Week Low (DB)
NEW YORK (TheStreet) -- Deutsche Bank (NYSE:DB) hit a new 52-week low Monday as it is currently trading at $28.23, below its previous 52-week low of $28.57 with 661,858 shares traded as of 10:05 a.m. ET. Average volume has been 2.1 million shares over the past 30 days. Deutsche has a market cap of $29.08 billion and is part of the financial sector and banking industry. Shares are down 20.7% year to date as of the close of trading on Friday. Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services. The company has a P/E ratio of 5.7, below the average banking industry P/E ratio of 6.5 and below the S&P 500 P/E ratio of 17.7.
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