Commonwealth Bank of Australia (OTCMKTS:CBAUF) Shares Up 9.2% – Still a Buy?

Commonwealth Bank of Australia (OTCMKTS:CBAUFGet Free Report) was up 9.2% during trading on Tuesday . The stock traded as high as $97.76 and last traded at $97.76. Approximately 126 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 401 shares. The stock had previously closed at $89.50.

Commonwealth Bank of Australia Price Performance

The business has a 50 day simple moving average of $91.71 and a 200-day simple moving average of $85.33.

Commonwealth Bank of Australia Company Profile

(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.

Further Reading

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