Commonwealth Bank of Australia (OTCMKTS:CMWAY) Hits New 52-Week High - Should You Buy?

Commonwealth Bank of Australia (OTCMKTS:CMWAY - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $109.36 and last traded at $108.66, with a volume of 23091 shares. The stock had previously closed at $101.37.

Commonwealth Bank of Australia Trading Up 0.3 %

The company has a 50-day simple moving average of $96.37 and a two-hundred day simple moving average of $97.75. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.98.

Commonwealth Bank of Australia Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, April 7th. Investors of record on Monday, February 24th were given a dividend of $1.4108 per share. The ex-dividend date of this dividend was Monday, February 24th.

About Commonwealth Bank of Australia

Commonwealth Bank of Australia provides financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans.