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

Commerzbank logo with Financial Services background

Commerzbank AG (ETR:CBK - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €19.93 ($22.65) and traded as high as €26.91 ($30.58). Commerzbank shares last traded at €26.57 ($30.19), with a volume of 1,814,721 shares traded.

Commerzbank Trading Up 1.2%

The stock has a 50 day moving average of €23.92 and a 200 day moving average of €20.16. 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 firm has a market cap of $32.40 billion, a P/E ratio of 13.96, 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.

Further Reading

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