Free Trial

Commonwealth Bank of Australia (OTCMKTS:CMWAY) Shares Gap Down - What's Next?

Commonwealth Bank of Australia logo with Finance background

Key Points

  • Commonwealth Bank of Australia shares fell sharply, opening at $111.90 compared to a previous close of $116.84, before trading at $109.91 with a volume of 2,519 shares.
  • The company has a 50-day simple moving average of $117.31 and a 200-day moving average of $106.86, indicating potential volatility in its stock performance.
  • Commonwealth Bank of Australia provides a variety of financial services, including retail banking, business banking, and institutional banking across multiple regions, including Australia and New Zealand.
  • Want stock alerts on Commonwealth Bank of Australia? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Commonwealth Bank of Australia Sponsored ADR (OTCMKTS:CMWAY - Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $116.84, but opened at $111.90. Commonwealth Bank of Australia shares last traded at $109.91, with a volume of 2,519 shares traded.

Commonwealth Bank of Australia Stock Performance

The firm has a 50 day moving average price of $116.82 and a two-hundred day moving average price of $107.09.

Commonwealth Bank of Australia Company Profile

(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.

Further Reading

Should You Invest $1,000 in Commonwealth Bank of Australia Right Now?

Before you consider Commonwealth Bank of Australia, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Commonwealth Bank of Australia wasn't on the list.

While Commonwealth Bank of Australia currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines