Commercial International Bank (Egypt) S.A.E. (LON:CBKD) Shares Up 1.4% – Here’s Why

Shares of Commercial International Bank (Egypt) S.A.E. (LON:CBKD) shot up 1.4% on Thursday . The stock traded as high as GBX 1.48 ($0.02) and last traded at GBX 1.48 ($0.02). 365,759 shares changed hands during trading, a decline of 63% from the average session volume of 993,333 shares. The stock had previously closed at GBX 1.46 ($0.02).

Commercial International Bank (Egypt) S.A.E. Trading Up 1.4 %

The firm has a market capitalization of £43.57 million, a price-to-earnings ratio of 5.70 and a beta of 0.56. The business has a 50-day moving average price of GBX 1.49 and a two-hundred day moving average price of GBX 1.57.

Commercial International Bank (Egypt) S.A.E. Company Profile

Commercial International Bank (Egypt) SAE. provides financial products and services in Egypt. The company operates in four segments: Corporate Banking, Investment, Retail Banking, and Assets and Liabilities Management. It offers current and saving accounts, business accounts, time deposits, and certificates of deposit; car, personal, travel, solar, education, and overdraft loans; fund investment management; mortgages services; and insurance products.