Commercial International Bank (Egypt) S.A.E. (LON:CBKD) Trading 2.2% Higher – Time to Buy?

Commercial International Bank (Egypt) S.A.E. (LON:CBKD) traded up 2.2% during mid-day trading on Tuesday . The stock traded as high as GBX 1.42 ($0.02) and last traded at GBX 1.40 ($0.02). 831,740 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 859,444 shares. The stock had previously closed at GBX 1.37 ($0.02).

Commercial International Bank (Egypt) S.A.E. Stock Performance

The stock’s 50 day moving average is GBX 1.53 and its 200 day moving average is GBX 1.58. The company has a market capitalization of £41.22 million, a PE ratio of 5.39 and a beta of 0.56.

Commercial International Bank (Egypt) S.A.E. Company Profile

Commercial International Bank (Egypt) SAE. provides financial products and services in Egypt. The company operates in four segments: Corporate Banking, Investment, Retail Banking, and Assets and Liabilities Management. It offers current and saving accounts, business accounts, time deposits, and certificates of deposit; car, personal, travel, solar, education, and overdraft loans; fund investment management; mortgages services; and insurance products.