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Commerzbank (ETR:CBK) Stock Price Passes Above 200-Day Moving Average - Here's What Happened

Commerzbank logo with Financial Services background

Commerzbank AG (ETR:CBK - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €15.69 ($16.52) and traded as high as €19.92 ($20.97). Commerzbank shares last traded at €19.84 ($20.88), with a volume of 6,503,638 shares traded.

Commerzbank Stock Up 0.3 %

The business has a 50-day moving average price of €17.19 and a two-hundred day moving average price of €15.72. The company has a quick ratio of 0.36, a current ratio of 6.76 and a debt-to-equity ratio of 12.97. The firm has a market cap of $23.66 billion, a PE ratio of 10.19, a price-to-earnings-growth ratio of 4.82 and a beta of 1.08.

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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