Commerzbank (ETR:CBK) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Commerzbank AG (ETR:CBKGet Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €17.20 ($18.49) and traded as high as €23.42 ($25.18). Commerzbank shares last traded at €23.20 ($24.95), with a volume of 9,299,221 shares trading hands.

Commerzbank Price Performance

The stock has a market capitalization of $28.02 billion, a PE ratio of 12.07, a PEG ratio of 4.82 and a beta of 1.08. The company has a current ratio of 6.76, a quick ratio of 0.36 and a debt-to-equity ratio of 12.97. The firm’s 50-day moving average price is €20.45 and its 200-day moving average price is €17.35.

About Commerzbank

(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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