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Commerzbank (ETR:CBK) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

Commerzbank logo with Financial Services background

Commerzbank AG (ETR:CBK - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €17.62 ($19.15) and traded as high as €22.52 ($24.48). Commerzbank shares last traded at €22.52 ($24.48), with a volume of 8,345,094 shares trading hands.

Commerzbank Price Performance

The stock has a market capitalization of $24.57 billion, a P/E ratio of 10.59, a PEG ratio of 4.82 and a beta of 1.08. The company's 50 day simple moving average is €21.01 and its two-hundred day simple moving average is €17.76. The company has a debt-to-equity ratio of 12.97, a current ratio of 6.76 and a quick ratio of 0.36.

About Commerzbank

(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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