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

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.

Shares of Commerzbank AG (ETR:CBK - ) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €25.73 ($30.27) and traded as high as €37.95 ($44.65). Commerzbank shares last traded at €37.89 ($44.58), with a volume of 4,612,558 shares.

Commerzbank Price Performance

The stock's 50-day moving average price is €30.60 and its 200-day moving average price is €25.73. The company has a market capitalization of $43.90 billion, a price-to-earnings ratio of 18.91, 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.

About Commerzbank

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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