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Commerzbank (ETR:CBK) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

Commerzbank logo with Financial Services background

Key Points

  • Commerzbank AG shares surpassed their 200-day moving average during trading, reaching a peak of €36.84 ($42.84).
  • The company's market cap stands at approximately $45.17 billion, with a price-to-earnings ratio of 19.46.
  • Commerzbank operates internationally, providing banking and capital market products primarily through its Private and Corporate Clients segments.
  • MarketBeat previews the top five stocks to own by October 1st.

Commerzbank AG (ETR:CBK - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €24.96 ($29.02) and traded as high as €36.84 ($42.84). Commerzbank shares last traded at €36.84 ($42.84), with a volume of 4,778,533 shares.

Commerzbank Price Performance

The company has a market cap of $43.45 billion, a P/E ratio of 18.72, a PEG ratio of 4.82 and a beta of 1.08. The firm's 50-day moving average is €29.88 and its two-hundred day moving average is €25.32. The company has a debt-to-equity ratio of 12.97, a current ratio of 6.76 and a quick ratio of 0.36.

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.

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