Commerzbank (ETR:CBK) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Commerzbank AG (ETR:CBKGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €32.61 and traded as high as €35.50. Commerzbank shares last traded at €35.40, with a volume of 1,976,166 shares.

Commerzbank Price Performance

The business has a 50-day moving average price of €34.36 and a 200 day moving average price of €32.61. The company has a market cap of $43.07 billion, a price-to-earnings ratio of 18.55, a P/E/G ratio of 4.82 and a beta of 1.08. The company has a current ratio of 6.76, a quick ratio of 0.36 and a debt-to-equity ratio of 12.97.

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. The company offers saving, checking, business, and current accounts; term deposits; pension; credit and debit cards; payment solutions; overdraft services; various loans; and insurance products.

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