Commonwealth Bank of Australia (OTCMKTS:CMWAY) Hits New 1-Year High – Should You Buy?

Commonwealth Bank of Australia (OTCMKTS:CMWAY) shares hit a new 52-week high on Thursday . The stock traded as high as $99.44 and last traded at $99.10, with a volume of 13077 shares traded. The stock had previously closed at $95.75.

Commonwealth Bank of Australia Price Performance

The business’s 50 day simple moving average is $94.55 and its 200 day simple moving average is $87.65. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.98.

Commonwealth Bank of Australia Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 7th. Shareholders of record on Monday, August 26th were given a $1.6378 dividend. The ex-dividend date of this dividend was Monday, August 26th. This is an increase from Commonwealth Bank of Australia’s previous dividend of $1.37.

About Commonwealth Bank of Australia

Commonwealth Bank of Australia provides financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans.