Commercial International Bank (Egypt) S.A.E. (LON:CBKD) Shares Down 0.8% – Here’s Why

Commercial International Bank (Egypt) S.A.E. (LON:CBKD) dropped 0.8% during mid-day trading on Thursday . The stock traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.51 ($0.02). Approximately 1,591,463 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 2,621,877 shares. The stock had previously closed at GBX 1.52 ($0.02).

Commercial International Bank (Egypt) S.A.E. Price Performance

The firm’s 50 day moving average is GBX 1.61 and its 200 day moving average is GBX 1.58. The company has a market cap of £44.39 million, a PE ratio of 5.81 and a beta of 0.56.

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.