Commonwealth Bank of Australia Sponsored ADR (OTCMKTS:CMWAY – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $118.18, but opened at $113.53. Commonwealth Bank of Australia shares last traded at $114.80, with a volume of 1,584 shares traded.
Commonwealth Bank of Australia Stock Down 3.9%
The company has a 50-day simple moving average of $110.36 and a 200-day simple moving average of $117.09. The company has a debt-to-equity ratio of 2.17, a quick ratio of 1.07 and a current ratio of 1.07.
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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