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

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 €14.42 ($15.67) and traded as high as €16.89 ($18.36). Commerzbank shares last traded at €16.82 ($18.28), with a volume of 4,585,204 shares traded.

Commerzbank Price Performance

The stock has a market cap of $19.58 billion, a price-to-earnings ratio of 9.32, a P/E/G ratio of 4.82 and a beta of 1.08. The business’s fifty day simple moving average is €14.58 and its 200 day simple moving average is €14.44.

About Commerzbank

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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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