Commerzbank (ETR:CBK) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

Commerzbank AG (ETR:CBKGet Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €14.19 ($15.59) and traded as high as €16.60 ($18.24). Commerzbank shares last traded at €16.46 ($18.08), with a volume of 6,188,449 shares.

Commerzbank Price Performance

The firm’s 50-day simple moving average is €14.06 and its two-hundred day simple moving average is €14.19. The company has a market capitalization of $19.81 billion, a price-to-earnings ratio of 9.24, a price-to-earnings-growth ratio of 4.78 and a beta of 1.08.

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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