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

Shares of Commerzbank AG (ETR:CBKGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €14.89 ($15.67) and traded as high as €15.34 ($16.15). Commerzbank shares last traded at €15.17 ($15.97), with a volume of 2,958,485 shares trading hands.

Commerzbank Price Performance

The stock has a 50-day moving average price of €15.83 and a 200-day moving average price of €14.89. The company has a market capitalization of $17.82 billion, a P/E ratio of 8.49, a P/E/G ratio of 4.82 and a beta of 1.08.

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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