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Commerzbank (ETR:CBK) Stock Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Commerzbank logo with Financial Services background
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Commerzbank AG (ETR:CBK - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €16.75 ($18.21) and traded as high as €24.22 ($26.33). Commerzbank shares last traded at €23.75 ($25.82), with a volume of 8,215,214 shares changing hands.

Commerzbank Stock Down 3.3 %

The company has a market capitalization of $27.86 billion, a price-to-earnings ratio of 12.00, a PEG ratio of 4.82 and a beta of 1.08. The company has a debt-to-equity ratio of 12.97, a quick ratio of 0.36 and a current ratio of 6.76. The business's 50 day moving average is €19.81 and its 200 day moving average is €17.00.

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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