Commerzbank (ETR:CBK) Shares Cross Above 200 Day Moving Average - Time to Sell?

Key Points

• Commerzbank AG's shares have recently crossed above their 200-day moving average of €27.43, trading as high as €33.15.
• The company's market capitalization is currently $37.17 billion, with a debt-to-equity ratio of 12.97 and a P/E ratio of 16.01.
• Commerzbank operates in multiple regions including Germany, Europe, the Americas, and Asia, providing banking and capital market products to a variety of clients.

Commerzbank AG (ETR:CBK - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €27.43 ($32.27) and traded as high as €33.15 ($39.00). Commerzbank shares last traded at €31.75 ($37.35), with a volume of 2,951,559 shares trading hands.

Commerzbank Trading Up 0.3%

The stock's 50 day moving average is €32.58 and its two-hundred day moving average is €27.66. The company has a market capitalization of $38.83 billion, a PE ratio of 16.73, a price-to-earnings-growth ratio of 4.82 and a beta of 1.08. The company has a quick ratio of 0.36, a current ratio of 6.76 and a debt-to-equity ratio of 12.97.

Commerzbank Company Profile

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.