Commonwealth Bank of Australia (OTCMKTS:CMWAY) Shares Gap Down – Here’s Why

Commonwealth Bank of Australia Sponsored ADR (OTCMKTS:CMWAYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $125.84, but opened at $121.19. Commonwealth Bank of Australia shares last traded at $121.00, with a volume of 980 shares changing hands.

Commonwealth Bank of Australia Stock Down 3.2%

The stock’s fifty day moving average price is $112.88 and its 200-day moving average price is $102.67.

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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