Commerzbank (ETR:CBK) Shares Cross Above 200-Day Moving Average – Here’s Why

Commerzbank AG (ETR:CBKGet Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €15.69 ($16.34) and traded as high as €19.92 ($20.75). Commerzbank shares last traded at €19.84 ($20.67), with a volume of 6,503,638 shares traded.

Commerzbank Price Performance

The company has a debt-to-equity ratio of 12.97, a quick ratio of 0.36 and a current ratio of 6.76. The company has a market capitalization of $23.58 billion, a PE ratio of 10.16, a P/E/G ratio of 4.82 and a beta of 1.08. The company’s 50-day simple moving average is €17.10 and its 200-day simple moving average is €15.69.

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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