Commonwealth Bank of Australia (OTCMKTS:CMWAY) Hits New 52-Week High – Still a Buy?

Shares of Commonwealth Bank of Australia (OTCMKTS:CMWAYGet Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $114.58 and last traded at $114.09, with a volume of 146549 shares traded. The stock had previously closed at $112.85.

Commonwealth Bank of Australia Stock Up 1.1%

The stock has a 50-day simple moving average of $101.94 and a 200 day simple moving average of $99.92. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.98.

About Commonwealth Bank of Australia

(Get Free Report)

Commonwealth Bank of Australia provides financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans.

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