Commerzbank (OTCMKTS:CRZBY) Sees Strong Trading Volume - What's Next?

Key Points

• Commerzbank AG experienced a 286% increase in trading volume, with 139,744 shares traded, raising the stock price to $42.46.
• Analysts have given mixed ratings on Commerzbank, with Deutsche Bank and Morgan Stanley recommending a "buy" and "overweight" rating, while Citigroup and Royal Bank of Canada have issued a "neutral" and "sector perform" rating, respectively.
• The company has increased its dividend to $0.5056, yielding 175.0%, which reflects a strong commitment to returning value to shareholders despite missing earnings expectations.

Commerzbank AG (OTCMKTS:CRZBY - Get Free Report) saw strong trading volume on Tuesday . 139,744 shares changed hands during trading, an increase of 286% from the previous session's volume of 36,160 shares.The stock last traded at $42.46 and had previously closed at $41.50.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on CRZBY shares. Royal Bank Of Canada restated a "sector perform" rating on shares of Commerzbank in a research note on Monday, August 11th. Morgan Stanley reiterated an "overweight" rating on shares of Commerzbank in a research note on Monday, May 19th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Commerzbank in a research note on Thursday, April 24th. Finally, Citigroup restated a "neutral" rating on shares of Commerzbank in a report on Tuesday, August 5th.

Commerzbank Stock Performance

The firm has a 50-day moving average price of $34.82 and a 200 day moving average price of $28.57. The firm has a market capitalization of $51.65 billion, a PE ratio of 19.38 and a beta of 0.69. The company has a quick ratio of 33.14, a current ratio of 33.14 and a debt-to-equity ratio of 14.07.

Commerzbank (OTCMKTS:CRZBY - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The financial services provider reported $0.22 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.45). Commerzbank had a return on equity of 7.57% and a net margin of 10.51%. The firm had revenue of $3.49 billion for the quarter, compared to analysts' expectations of $2.97 billion. Research analysts expect that Commerzbank AG will post 1.96 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC raised its stake in shares of Commerzbank by 124.6% in the first quarter. GAMMA Investing LLC now owns 4,156 shares of the financial services provider's stock valued at $95,000 after acquiring an additional 2,306 shares in the last quarter. Rhumbline Advisers raised its stake in Commerzbank by 14.5% in the first quarter. Rhumbline Advisers now owns 5,140 shares of the financial services provider's stock valued at $117,000 after buying an additional 650 shares in the last quarter. Finally, Yousif Capital Management LLC raised its stake in Commerzbank by 8.0% in the second quarter. Yousif Capital Management LLC now owns 15,644 shares of the financial services provider's stock valued at $492,000 after buying an additional 1,165 shares in the last quarter.

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.