Commerzbank (ETR:CBK) Stock Crosses Above 200-Day Moving Average - Should You Sell?

Key Points

• Commerzbank AG's stock price crossed above its 200-day moving average of €28.21, reaching a high of €32.93 during trading.
• The company has a market cap of $38.64 billion with a PE ratio of 16.65, indicating healthy performance metrics.
• Despite the increase in stock price, Commerzbank shares are currently down 0.4%, trading at €32.23.

Commerzbank AG (ETR:CBK - )'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €28.21 ($33.19) and traded as high as €32.93 ($38.74). Commerzbank shares last traded at €32.23 ($37.92), with a volume of 1,740,228 shares traded.

Commerzbank Stock Down 0.4%

The company's 50 day moving average price is €33.27 and its two-hundred day moving average price is €28.21. The firm has a market cap of $38.64 billion, a PE ratio of 16.65, a PEG ratio of 4.82 and a beta of 1.08. The company has a current ratio of 6.76, a quick ratio of 0.36 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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