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Commerzbank (OTCMKTS:CRZBY) Sets New 12-Month High - Here's What Happened

Commerzbank logo with Finance background

Commerzbank AG (OTCMKTS:CRZBY - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $20.77 and last traded at $20.71, with a volume of 9388 shares traded. The stock had previously closed at $20.52.

Commerzbank Trading Down 1.7 %

The company has a market capitalization of $24.02 billion, a P/E ratio of 10.61 and a beta of 0.95. The firm has a fifty day moving average of $17.92 and a 200 day moving average of $16.82.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Commerzbank stock. GAMMA Investing LLC grew its stake in shares of Commerzbank AG (OTCMKTS:CRZBY - Free Report) by 5,506.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,850 shares of the financial services provider's stock after buying an additional 1,817 shares during the period. GAMMA Investing LLC's holdings in Commerzbank were worth $30,000 at the end of the most recent reporting period.

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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