Commerzbank AG (OTCMKTS:CRZBY - Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as $20.00 and last traded at $19.78, with a volume of 6674 shares changing hands. The stock had previously closed at $19.61.
Commerzbank Stock Up 2.2 %
The company has a 50-day moving average price of $17.54 and a two-hundred day moving average price of $16.69. The stock has a market capitalization of $24.31 billion, a P/E ratio of 10.74 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 increased its stake in Commerzbank AG (OTCMKTS:CRZBY - Free Report) by 5,506.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,850 shares of the financial services provider's stock after purchasing an additional 1,817 shares during the period. GAMMA Investing LLC's holdings in Commerzbank were worth $30,000 as of its most recent SEC filing.
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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