Commerzbank (ETR:CBK) Stock Crosses Above 200-Day Moving Average – Here’s Why

Commerzbank AG (ETR:CBKGet Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €15.20 ($16.00) and traded as high as €18.18 ($19.14). Commerzbank shares last traded at €18.14 ($19.09), with a volume of 6,031,229 shares trading hands.

Commerzbank Stock Down 0.2 %

The company has a market cap of $21.36 billion, a PE ratio of 10.17, a PEG ratio of 4.82 and a beta of 1.08. The firm’s 50-day moving average is €15.76 and its 200-day moving average is €15.20.

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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