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Commonwealth Bank of Australia (OTCMKTS:CMWAY) Trading 1.1% Higher - Still a Buy?

Commonwealth Bank of Australia logo with Finance background

Commonwealth Bank of Australia (OTCMKTS:CMWAY - Get Free Report)'s share price rose 1.1% during trading on Monday . The stock traded as high as $98.73 and last traded at $97.87. Approximately 24,779 shares traded hands during mid-day trading, an increase of 10% from the average daily volume of 22,560 shares. The stock had previously closed at $96.81.

Commonwealth Bank of Australia Stock Performance

The business's 50-day moving average is $98.92 and its two-hundred day moving average is $93.79. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.98.

About Commonwealth Bank of Australia

(Get Free Report)

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.

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