Deutsche Beteiligungs (ETR:DBAN) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Deutsche Beteiligungs AG (ETR:DBAN)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €24.76 ($27.21) and traded as low as €23.45 ($25.77). Deutsche Beteiligungs shares last traded at €23.50 ($25.82), with a volume of 17,061 shares changing hands.

Deutsche Beteiligungs Stock Performance

The stock’s 50-day simple moving average is €24.76 and its 200 day simple moving average is €24.25. The company has a market cap of $406.57 million, a PE ratio of 8.79, a P/E/G ratio of -0.78 and a beta of 1.10.

Deutsche Beteiligungs Company Profile

Deutsche Beteiligungs AG is a private equity and venture capital firm specializing in direct and fund of fund investments. Within direct investments the firm specializes in expansion capital, management buyout, emerging growth, middle market, mid venture, late venture, growth capital, add-on acquisitions, bridge financing, PIPES, management buy-ins for experienced executives, corporate spin-offs, succession arrangements and generational transition in a family-owned business, small and medium-sized companies, and pre-IPO stage investments.