Commerzbank (ETR:CBK) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Commerzbank AG (ETR:CBKGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €21.99 ($25.87) and traded as high as €27.62 ($32.49). Commerzbank shares last traded at €27.51 ($32.36), with a volume of 4,260,242 shares trading hands.

Commerzbank Trading Up 2.4%

The stock has a market cap of $33.93 billion, a PE ratio of 14.62, a price-to-earnings-growth ratio of 4.82 and a beta of 1.08. The stock has a 50-day moving average price of €26.30 and a two-hundred day moving average price of €21.99. The company has a debt-to-equity ratio of 12.97, a current ratio of 6.76 and a quick ratio of 0.36.

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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