Commercial International Bank (Egypt) S.A.E. (LON:CBKD) Stock Price Up 3.8% – Here’s Why

Commercial International Bank (Egypt) S.A.E. (LON:CBKD) rose 3.8% on Friday . The company traded as high as GBX 2.41 and last traded at GBX 2.35. Approximately 1,900,258 shares changed hands during trading, an increase of 82% from the average daily volume of 1,045,909 shares. The stock had previously closed at GBX 2.26.

Commercial International Bank (Egypt) S.A.E. Stock Performance

The business has a 50 day simple moving average of GBX 2.21 and a 200-day simple moving average of GBX 2.02. The firm has a market capitalization of £70.29 million, a price-to-earnings ratio of 0.00 and a beta of 0.56.

About Commercial International Bank (Egypt) S.A.E.

Commercial International Bank (Egypt) SAE. provides financial products and services in Egypt. The company operates in four segments: Corporate Banking, Investment, Retail Banking, and Assets and Liabilities Management. It offers current and saving accounts, business accounts, time deposits, and certificates of deposit; car, personal, travel, solar, education, and overdraft loans; fund investment management; mortgages services; and insurance products. The company also provides credit, debit, and prepaid cards; smart wallet, mobile, internet, and phone banking; and ATM services.