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Commonwealth Bank of Australia (OTCMKTS:CMWAY) Reaches New 52-Week High - Still a Buy?

Commonwealth Bank of Australia logo with Finance background

Commonwealth Bank of Australia Sponsored ADR (OTCMKTS:CMWAY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $122.73 and last traded at $116.00, with a volume of 60075 shares traded. The stock had previously closed at $117.51.

Commonwealth Bank of Australia Stock Performance

The firm has a 50 day moving average of $110.32 and a 200-day moving average of $101.81.

About Commonwealth Bank of Australia

(Get Free Report)

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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