) pushed the Banking industry lower today making it today's featured Banking loser. The industry as a whole closed the day down 1.3%. By the end of trading, Deutsche Bank fell $1.75 (-4.9%) to $34.23 on average volume. Throughout the day, two 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 $33.88-$34.57 after having opened the day at $34.40 as compared to the previous trading day's close of $35.98. Other company's within the Banking industry that declined today were:
), down 14.8%,
), down 13.8%,
), down 13.3%, and
), down 12.2%.
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Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services. Deutsche Bank has a market cap of $32.75 billion and is part of the
sector. The company has a P/E ratio of 6.4, below the average banking industry P/E ratio of 7.4 and below the S&P 500 P/E ratio of 17.7. Shares are down 6.2% year to date as of the close of trading on Friday. Currently there is one analyst that rates 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, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and weak operating cash flow.
- You can view the full Deutsche Ratings Report.
- Use our banking section to find industry-relevant news.
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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.