Shares of Commonwealth Bank of Australia Sponsored ADR (OTCMKTS:CMWAY – Get Free Report) passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $117.09 and traded as high as $121.17. Commonwealth Bank of Australia shares last traded at $118.18, with a volume of 63,878 shares changing hands.
Commonwealth Bank of Australia Stock Up 2.2%
The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 2.17. The firm’s 50-day moving average price is $110.42 and its 200 day moving average price is $117.21.
About Commonwealth Bank of Australia
Commonwealth Bank of Australia is a financial services company headquartered in Australia. Established in 1911, it was initially a government-owned bank and was fully privatised in 1996. The company provides retail, business and institutional banking services. Its offerings include transaction and savings accounts, home and personal loans, credit cards, payment services, business finance and wealth management products. Commonwealth Bank serves individuals, businesses and institutions, primarily in Australia, with operations and services extending to New Zealand and other international markets.
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