Deutsche Beteiligungs (ETR:DBAN) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Deutsche Beteiligungs AG (ETR:DBANGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of €22.63 and traded as low as €21.25. Deutsche Beteiligungs shares last traded at €21.40, with a volume of 2,720 shares.

Deutsche Beteiligungs Stock Performance

The business has a 50-day moving average price of €22.63 and a 200-day moving average price of €24.27. The firm has a market capitalization of $392.86 million, a price-to-earnings ratio of 8.50, a P/E/G ratio of -0.78 and a beta of 0.87. The company has a quick ratio of 0.70, a current ratio of 3.56 and a debt-to-equity ratio of 27.36.

About Deutsche Beteiligungs

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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.

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