Commerzbank (ETR:CBK) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Commerzbank AG (ETR:CBKGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €16.75 ($18.21) and traded as high as €24.22 ($26.33). Commerzbank shares last traded at €23.75 ($25.82), with a volume of 8,215,214 shares.

Commerzbank Trading Up 1.4 %

The company has a debt-to-equity ratio of 12.97, a quick ratio of 0.36 and a current ratio of 6.76. The stock has a market capitalization of $28.99 billion, a PE ratio of 12.49, a price-to-earnings-growth ratio of 4.82 and a beta of 1.08. The business’s 50-day moving average is €19.16 and its two-hundred day moving average is €16.75.

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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