Commerzbank (ETR:CBK) Shares Cross Above 200 Day Moving Average – Time to Sell?

Commerzbank AG (ETR:CBKGet Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €30.91 and traded as high as €34.23. Commerzbank shares last traded at €34.23, with a volume of 2,191,703 shares traded.

Commerzbank Stock Up 1.0%

The firm has a market cap of $41.63 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 4.82 and a beta of 1.08. The business’s 50-day moving average is €31.96 and its 200-day moving average is €30.91. The company has a debt-to-equity ratio of 12.97, a quick ratio of 0.36 and a current ratio of 6.76.

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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