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Commerzbank (ETR:CBK) Share Price Crosses Above 200-Day Moving Average - Here's What Happened

Commerzbank logo with Financial Services background

Commerzbank AG (ETR:CBK - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €20.98 ($24.11) and traded as high as €28.84 ($33.15). Commerzbank shares last traded at €28.65 ($32.93), with a volume of 2,901,123 shares traded.

Commerzbank Stock Performance

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 business has a 50-day moving average price of €25.46 and a 200 day moving average price of €21.26. The stock has a market capitalization of $34.06 billion, a P/E ratio of 14.67, a PEG ratio of 4.82 and a beta of 1.08.

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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