Commerzbank AG (OTCMKTS:CRZBY - Get Free Report)'s share price hit a new 52-week high on Thursday . The company traded as high as $19.68 and last traded at $19.67, with a volume of 31759 shares. The stock had previously closed at $19.43.
Commerzbank Stock Performance
The firm has a fifty day moving average of $17.11 and a 200-day moving average of $16.57. The stock has a market capitalization of $23.03 billion, a price-to-earnings ratio of 10.18 and a beta of 0.95.
Institutional Investors Weigh In On Commerzbank
A hedge fund recently raised its stake in Commerzbank stock. GAMMA Investing LLC boosted its stake in Commerzbank AG (OTCMKTS:CRZBY - Free Report) by 5,506.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,850 shares of the financial services provider's stock after acquiring an additional 1,817 shares during the quarter. GAMMA Investing LLC's holdings in Commerzbank were worth $30,000 at the end of the most recent reporting period.
About Commerzbank
(
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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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