Commonwealth Bank of Australia (OTCMKTS:CMWAY - Get Free Report) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research note issued on Monday, August 18th,Zacks.com reports.
Commonwealth Bank of Australia Trading Down 3.2%
Shares of OTCMKTS CMWAY traded down $3.6250 during trading on Monday, reaching $110.3550. The company had a trading volume of 16,236 shares, compared to its average volume of 56,256. The company's fifty day moving average price is $116.22 and its 200-day moving average price is $107.51. Commonwealth Bank of Australia has a 12 month low of $85.22 and a 12 month high of $127.74.
About Commonwealth Bank of Australia
(
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Commonwealth Bank of Australia provides financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans.
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