Deutsche Bank AG (NYSE:DB) [Trend Analysis] has kept up with the changing appetite, stock eased up around 0.71% in early session as it gain volume of 2.16 Million shares and then traded at $16.91. Deutsche Bank declared that it has become latest big firm to be hit by investor ire over executive pay after shareholders voted down its new remuneration plan for top managers.
The vote follows pay rebellions at Citigroup and Renault, and capped a shareholder meeting full of criticism for Deutsche, which made a €6.8bn loss last year, and is battling to restore its fortunes and reputation after years of poor returns and high legal costs. Germany’s leading lender introduced the pay scheme at the beginning of this year. Under the plan, in addition to a basic salary and bonuses linked to the bank’s and their own performance, divisional heads would also be eligible for a bonus linked to their division’s performance.
Moving toward the volatility measures, the price volatility of stock was 2.19% for a week and 2.13% for a month as well as price volatility’s Average True Range for 14 days was 0.48. The beta, which indicates risk in relegation to the market, remained 1.77. The firm past twelve months price to sales ratio was 0.81 and price to cash ratio remained 0.04. As far as the returns are concern, the return on equity was recorded as -10.30% and return on investment was 4.50%, while its return on asset stayed at -0.40%.
Noting a main crunch of analyst research by WSJ, DB under observation of quarterly per share earnings, it has second quarter 2016 trend of $0.58, while in next quarter estimated EPS trend is $0.51 and for annual basis for 2016 estimated EPS is $1.07. Relatively pool of WSJ analyst issues diverse rating, as for current level it has 5 experts rated as “BUY” security, 0 analyst recommend as “Overweight,” and 18 experts rated as “Hold”.
Deutsche Bank AG (NYSE:DB) is ahead its 52 week low with 14.41%and going down from its 52 week high price with -52.20%. The company’s shares performance for the last one month was -9.43% and 3.17% in the previous week. The stock price of firm is moving down from its 20 days moving average with -3.19% and remote isolated negatively from 50 days moving average with -4.36%.