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

Commerzbank logo with Financial Services background

Commerzbank AG (ETR:CBK - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €19.50 ($22.16) and traded as high as €26.36 ($29.95). Commerzbank shares last traded at €26.29 ($29.88), with a volume of 4,139,260 shares trading hands.

Commerzbank Price Performance

The company has a quick ratio of 0.36, a current ratio of 6.76 and a debt-to-equity ratio of 12.97. The firm's 50-day moving average is €23.49 and its 200-day moving average is €19.73. The company has a market cap of $32.62 billion, a PE ratio of 14.05, a PEG ratio of 4.82 and a beta of 1.08.

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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