Commerzbank (ETR:CBK) Hits New 52-Week High – Still a Buy?

Shares of Commerzbank AG (ETR:CBKGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as €16.89 ($18.55) and last traded at €16.76 ($18.42), with a volume of 3595143 shares traded. The stock had previously closed at €16.81 ($18.47).

Commerzbank Price Performance

The company has a market cap of $19.78 billion, a PE ratio of 9.44, a price-to-earnings-growth ratio of 4.78 and a beta of 1.08. The company’s 50 day simple moving average is €14.10 and its two-hundred day simple moving average is €14.22.

Commerzbank Company Profile

(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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