Commerzbank (ETR:CBK) Shares Pass Above 200 Day Moving Average – Should You Sell?

Shares of Commerzbank AG (ETR:CBKGet Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €14.55 ($15.82) and traded as high as €16.38 ($17.80). Commerzbank shares last traded at €16.15 ($17.55), with a volume of 3,417,014 shares traded.

Commerzbank Price Performance

The firm has a market capitalization of $19.15 billion, a P/E ratio of 9.12, a P/E/G ratio of 4.82 and a beta of 1.08. The firm has a 50-day moving average price of €15.11 and a two-hundred day moving average price of €14.59.

Commerzbank Company Profile

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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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