Commerzbank (ETR:CBK) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Commerzbank AG (ETR:CBKGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €33.12 and traded as high as €35.50. Commerzbank shares last traded at €35.15, with a volume of 3,000,340 shares trading hands.

Commerzbank Price Performance

The company has a debt-to-equity ratio of 12.97, a current ratio of 6.76 and a quick ratio of 0.36. The firm has a market capitalization of $41.77 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 4.82 and a beta of 1.08. The business’s fifty day simple moving average is €34.91 and its 200 day simple moving average is €33.16.

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. The company offers saving, checking, business, and current accounts; term deposits; pension; credit and debit cards; payment solutions; overdraft services; various loans; and insurance products.

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