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Commerzbank (ETR:CBK) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

Commerzbank logo with Financial Services background

Shares of Commerzbank AG (ETR:CBK - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €20.46 ($23.52) and traded as high as €28.19 ($32.40). Commerzbank shares last traded at €28.00 ($32.18), with a volume of 2,980,929 shares trading hands.

Commerzbank Price Performance

The company has a 50 day moving average of €24.80 and a two-hundred day moving average of €20.74. The firm has a market cap of $33.75 billion, a P/E ratio of 14.54, a PEG 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

(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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