Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.9%. By the end of trading, Deutsche Bank fell $1.89 (-4.1%) to $44.48 on average volume. Throughout the day, 2.2 million shares of Deutsche Bank exchanged hands as compared to its average daily volume of 2.2 million shares. The stock ranged in price between $44.33-$45.38 after having opened the day at $45.38 as compared to the previous trading day's close of $46.37. Other companies within the Banking industry that declined today were:
), down 11.8%,
), down 10.5%,
), down 8%, and
VelocityShares 2x Long Copper ETN
), down 6.8%.
- ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services. Deutsche Bank has a market cap of $42.44 billion and is part of the financial sector. The company has a P/E ratio of 8.3, below the average banking industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7. Shares are up 22.5% year to date as of the close of trading on Thursday. Currently there are two analysts that rate Deutsche Bank a buy, no analysts rate it a sell, and two rate it a hold.
TheStreet Ratings rates Deutsche Bank as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.
- You can view the full Deutsche Ratings Report.
On the positive front,
), up 7.9%,
), up 7%,
), up 7%, and
), up 6.2%, were all gainers within the banking industry with
) being today's featured banking industry leader.
- Use our banking section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider
) while those bearish on the banking industry could consider
- Find other investment ideas from our top rated ETFs lists.
FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!
Free download now