Commerzbank (ETR:CBK) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Commerzbank AG (ETR:CBKGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €14.80 ($15.58) and traded as high as €16.05 ($16.89). Commerzbank shares last traded at €15.76 ($16.58), with a volume of 5,890,694 shares changing hands.

Commerzbank Price Performance

The stock has a market cap of $18.65 billion, a price-to-earnings ratio of 8.88, a PEG ratio of 4.82 and a beta of 1.08. The firm has a fifty day moving average of €15.78 and a 200 day moving average of €14.80.

About Commerzbank

(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.

Further Reading

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