Commerzbank (ETR:CBK) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Shares of Commerzbank AG (ETR:CBKGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €14.80 ($15.74) and traded as high as €16.05 ($17.07). Commerzbank shares last traded at €15.76 ($16.76), with a volume of 5,890,694 shares trading hands.

Commerzbank Trading Down 0.4 %

The firm has a market capitalization of $18.51 billion, a P/E ratio of 8.85, a price-to-earnings-growth ratio of 4.82 and a beta of 1.08. The business’s 50 day simple moving average is €15.78 and its two-hundred day simple moving average is €14.80.

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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