flatexDEGIRO AG is a financial services company with a current market capitalization of 900,902,814. The company’s stock price has seen an increase of 0.04% from the previous close at 8.198 EUR per share as of 3 February 2023. Looking back at the market capitalization on 1 February 2023, it stands at 861,561,120 which is 36 million less than the current market cap. This reflects an increase in investor sentiment towards the company and suggests that there is potential for further growth in its stock price.
The average 50 day and 200 day price averages stand at 7.159 EUR per share and 9.498 EUR per share respectively as of 3 February 2023. This indicates that investors are willing to pay more for the stock but there is still some room for improvement given the difference between the two averages. The P/E ratio stands at 12.42 which implies that investors are paying 12 times earnings per share (EPS) of 0.66 EUR as of 29 March 2023 when the most recent earnings announcement was made public.
Overall, flatexDEGIRO AG appears to be in a relatively positive financial position with increasing investor sentiment reflected by its current market capitalization and reasonable P/E ratio. With further improvement in its stock price, it could become even more attractive to investors seeking long-term gains in this sector of financial services companies.
