Commerzbank (ETR:CBK) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Commerzbank AG (ETR:CBKGet Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €30.13 and traded as high as €35.05. Commerzbank shares last traded at €34.70, with a volume of 2,114,195 shares trading hands.

Commerzbank Trading Down 3.3%

The company has a debt-to-equity ratio of 12.97, a quick ratio of 0.36 and a current ratio of 6.76. The company has a market capitalization of $40.38 billion, a PE ratio of 17.40, a PEG ratio of 4.82 and a beta of 1.08. The stock has a fifty day moving average of €31.85 and a 200 day moving average of €30.13.

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.

Read More

Receive News & Ratings for Commerzbank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerzbank and related companies with MarketBeat.com's FREE daily email newsletter.