Commerzbank (ETR:CBK) Stock Passes Above 200 Day Moving Average - What's Next?

Key Points

• Commerzbank AG shares crossed above their two hundred day moving average, indicating strong price momentum as they last traded at €37.89 ($44.58).
• The bank has a market capitalization of $43.90 billion and notable key financial ratios, including a price-to-earnings ratio of 18.91 and a debt-to-equity ratio of 12.97.
• Commerzbank offers diverse banking and capital market products internationally, serving private, small business, and corporate clients across multiple regions.

Commerzbank AG (ETR:CBK - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €25.73 ($29.92) and traded as high as €37.95 ($44.13). Commerzbank shares last traded at €37.89 ($44.06), with a volume of 4,612,558 shares traded.

Commerzbank Stock Performance

The company has a market cap of $39.31 billion, a price-to-earnings ratio of 16.94, a price-to-earnings-growth ratio of 4.82 and a beta of 1.08. The company has a debt-to-equity ratio of 12.97, a current ratio of 6.76 and a quick ratio of 0.36. The stock has a 50-day moving average price of €31.06 and a 200 day moving average price of €26.08.

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.