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

Commerzbank AG (ETR:CBKGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €33.39 and traded as high as €35.76. Commerzbank shares last traded at €33.79, with a volume of 3,676,045 shares trading hands.

Commerzbank Stock Performance

The company has a market capitalization of $40.95 billion, a P/E ratio of 17.64, a PEG ratio of 4.82 and a beta of 1.08. The stock’s fifty day moving average price is €35.12 and its 200-day moving average price is €33.39. 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. The company offers saving, checking, business, and current accounts; term deposits; pension; credit and debit cards; payment solutions; overdraft services; various loans; and insurance products.

Featured Articles

Receive News & Ratings for Commerzbank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerzbank and related companies with MarketBeat.com's FREE daily email newsletter.