Commonwealth Bank of Australia (OTCMKTS:CMWAY) Trading Down 0.8% – Should You Sell?

Commonwealth Bank of Australia (OTCMKTS:CMWAY)’s share price traded down 0.8% during trading on Monday . The company traded as low as $96.51 and last traded at $97.25. 31,990 shares changed hands during mid-day trading, an increase of 54% from the average session volume of 20,805 shares. The stock had previously closed at $98.00.

Commonwealth Bank of Australia Price Performance

The business’s fifty day simple moving average is $98.98 and its 200 day simple moving average is $97.44. 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 Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 7th. Shareholders of record on Monday, February 24th will be issued a $1.4108 dividend. The ex-dividend date of this dividend is Monday, February 24th.

Commonwealth Bank of Australia Company Profile

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.