Free Trial

Commercial International Bank (Egypt) S.A.E. (LON:CBKD) Shares Down 2.7% - Time to Sell?

Commercial International Bank (Egypt) S.A.E. logo with Financial Services background

Key Points

  • Commercial International Bank (Egypt) S.A.E. stock price fell by 2.7% to GBX 1.87 ($0.03), with a significant trading volume increase of 61% from the average.
  • The bank has a market capitalization of £56.05 million and a notably low price-to-earnings ratio of 0.10.
  • The company offers a wide range of financial services, including corporate and retail banking, investment products, and insurance services.
  • MarketBeat previews top five stocks to own in October.

Commercial International Bank (Egypt) S.A.E. (LON:CBKD - Get Free Report) was down 2.7% during mid-day trading on Friday . The stock traded as low as GBX 1.87 ($0.03) and last traded at GBX 1.87 ($0.03). Approximately 1,456,853 shares were traded during trading, an increase of 61% from the average daily volume of 902,899 shares. The stock had previously closed at GBX 1.92 ($0.03).

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

The firm has a market capitalization of £6.13 billion, a P/E ratio of 0.10 and a beta of 0.56. The company's fifty day moving average is GBX 1.90 and its 200-day moving average is GBX 1.65.

About Commercial International Bank (Egypt) S.A.E.

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Commercial International Bank (Egypt) S.A.E. Right Now?

Before you consider Commercial International Bank (Egypt) S.A.E., you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Commercial International Bank (Egypt) S.A.E. wasn't on the list.

While Commercial International Bank (Egypt) S.A.E. currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.