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.

TheStreet Ratings rates Deutsche as a hold. 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.

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