Deutsche Bank AG (DB): Today's Featured Banking Laggard

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

Deutsche Bank ( DB) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Deutsche Bank fell $1.25 (-2.7%) to $45.11 on light volume. Throughout the day, 1,483,758 shares of Deutsche Bank exchanged hands as compared to its average daily volume of 2,049,100 shares. The stock ranged in price between $44.96-$46.31 after having opened the day at $46.08 as compared to the previous trading day's close of $46.36. Other companies within the Banking industry that declined today were: Carver Bancorp ( CARV), down 8.2%, Patriot National Bancorp ( PNBK), down 7.9%, Central Federal ( CFBK), down 5.1% and Chemung Financial Corporation ( CHMG), down 4.2%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services. Deutsche Bank has a market cap of $46.7 billion and is part of the financial sector. The company has a P/E ratio of 138.7, above the S&P 500 P/E ratio of 17.7. Shares are up 4.7% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Deutsche Bank a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Deutsche Bank as a sell. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity.

On the positive front, Orrstown Financial Services ( ORRF), down 6.8%, MSB Financial Corporation ( MSBF), down 6.8%, Royal Bancshares of Pennsylvania ( RBPAA), down 6.4% and Southwest Georgia Financial Corporation ( SGB), down 5.3%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Deutsche Bank Job Cuts Could Mean Fatter Paychecks for Survivors

Deutsche Bank Job Cuts Could Mean Fatter Paychecks for Survivors

Deutsche Bank Tops DAX Amid Asset Management IPO Speculation, Rare Upgrade

Deutsche Bank Tops DAX Amid Asset Management IPO Speculation, Rare Upgrade

Broadcom and Qualcomm, Comcast and Fox - 5 Things You Must Know

Broadcom and Qualcomm, Comcast and Fox - 5 Things You Must Know

Deutsche Bank Slumps After China's HNA Trims Stake in German Lender

Deutsche Bank Slumps After China's HNA Trims Stake in German Lender

Deutsche Bank Shares Hit 3-Month Low After Third-Straight Annual Loss

Deutsche Bank Shares Hit 3-Month Low After Third-Straight Annual Loss