Commerzbank AG (OTCMKTS:CRZBY - Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as $19.35 and last traded at $19.10, with a volume of 9725 shares traded. The stock had previously closed at $19.20.
Commerzbank Stock Down 0.5 %
The firm's 50-day moving average price is $16.43 and its 200-day moving average price is $16.37. The company has a market cap of $22.63 billion, a P/E ratio of 10.00 and a beta of 0.94.
Commerzbank (OTCMKTS:CRZBY - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.13. Commerzbank had a return on equity of 6.33% and a net margin of 8.55%. The company had revenue of $8.45 billion during the quarter. As a group, analysts forecast that Commerzbank AG will post 1.96 earnings per share for the current year.
Institutional Trading of Commerzbank
A hedge fund recently raised its stake in Commerzbank stock. GAMMA Investing LLC lifted its holdings in Commerzbank AG (OTCMKTS:CRZBY - Free Report) by 5,506.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund 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 quarter.
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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