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Commerzbank (ETR:CBK) Stock Price Crosses Above 200 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 two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €17.93 ($20.15) and traded as high as €22.22 ($24.97). Commerzbank shares last traded at €21.33 ($23.97), with a volume of 12,584,468 shares.

Commerzbank Stock Up 3.4 %

The company has a debt-to-equity ratio of 12.97, a quick ratio of 0.36 and a current ratio of 6.76. The stock has a 50-day moving average of €21.49 and a two-hundred day moving average of €18.06. The company has a market cap of $27.32 billion, a P/E ratio of 11.77, a P/E/G 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.

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