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

Shares of Commerzbank AG (ETR:CBKGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €17.93 ($20.38) and traded as high as €22.22 ($25.25). Commerzbank shares last traded at €21.33 ($24.24), with a volume of 12,584,468 shares trading hands.

Commerzbank Stock Performance

The stock’s 50-day moving average price is €21.30 and its 200 day moving average price is €17.93. The company has a quick ratio of 0.36, a current ratio of 6.76 and a debt-to-equity ratio of 12.97. The company has a market cap of $26.20 billion, a P/E ratio of 11.29, a price-to-earnings-growth ratio of 4.82 and a beta of 1.08.

Commerzbank Company Profile

(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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