Active Momentum Stocks in New Buzz: Deutsche Bank (NYSE:DB), DMC Global (NASDAQ:BOOM)

Deutsche Bank AG (NYSE:DB) [Trend Analysis] retains strong position in active trade, as shares scoring 0.49% to $18.63 in active trade session, while looking at the shares volume, around 8.56 Million shares have changed hands in this session. Deutsche Bank’s (DB) riskiest bonds jumped on Friday after the lender said it would pay US$7.2bn in a settlement related to pre-crisis sales of mortgage-backed securities that is around half the size feared.

The German bank’s Additional Tier 1 bonds, the riskiest form of debt that banks can sell, have been under periodic bouts of pressure since mid-September, when the US Department of Justice said it would be asking for as much as US$14bn.Deutsche’s 6% 1.75bn AT1 bonds callable in 2022 jumped from 82 cash price to 86 on Friday morning, according to Tradeweb. Those bonds had fallen to around 70 in late September.The bank will pay the DOJ a civil monetary penalty of US$3.1bn and provide US$4.1bn of consumer relief in the US. DB attains analyst recommendation of 4.00 with week’s performance of -2.00%. Investors looking further ahead will note that the Price to next year’s EPS is 585.86%.

DMC Global Inc. (NASDAQ:BOOM) [Trend Analysis] knocking active thrust in leading trading session, shares a gain of 3.38% to 15.30 with around 19665 shares have changed hands in this session. DMC Global Inc.(NASDAQ: BOOM) declared the correct payment date of its recently declared quarterly cash dividend of $0.02 per share is January 16, 2017, to shareholders of record as of December 31, 2016. A previous announcement cited the payment date as January 16, 2016. The stock is going forward its fifty-two week low with 218.34% and lagging behind from its 52-week high price with -10.99%.

Similar, the positive performance for the quarter recorded as 51.93% and for the year was 129.96%, while the YTD performance remained at 120.42%. BOOM has Average True Range for 14 days of 0.68.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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