Commerzbank (ETR:CBK) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Commerzbank AG (ETR:CBKGet Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €17.20 ($18.49) and traded as high as €23.42 ($25.18). Commerzbank shares last traded at €23.20 ($24.95), with a volume of 9,299,221 shares traded.

Commerzbank Trading Up 1.0 %

The stock has a market cap of $28.33 billion, a price-to-earnings ratio of 12.21, a P/E/G ratio of 4.82 and a beta of 1.08. The business’s 50 day moving average is €20.07 and its 200 day moving average is €17.20. The company has a debt-to-equity ratio of 12.97, a current ratio of 6.76 and a quick ratio of 0.36.

About Commerzbank

(Get Free Report)

Commerzbank AG provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally. It operates through two segments, Private and Small-Business Customers, and Corporate Clients.

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