Commerzbank (ETR:CBK) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Commerzbank AG (ETR:CBKGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €15.69 ($16.34) and traded as high as €19.92 ($20.75). Commerzbank shares last traded at €19.84 ($20.67), with a volume of 6,503,638 shares trading hands.

Commerzbank Stock Down 1.3 %

The firm’s 50 day simple moving average is €17.10 and its 200-day simple moving average is €15.69. The company has a market cap of $23.58 billion, a price-to-earnings ratio of 10.16, a P/E/G ratio of 4.82 and a beta of 1.08. The company has a debt-to-equity ratio of 12.97, a current ratio of 6.76 and a quick ratio of 0.36.

Commerzbank Company Profile

(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.

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