Shares of COMWLTH BK AUS/S (OTCMKTS:CMWAY) hit a new 52-week high during trading on Wednesday . The company traded as high as $59.72 and last traded at $59.54, with a volume of 22249 shares traded. The stock had previously closed at $57.65.

A number of analysts have commented on CMWAY shares. Zacks Investment Research downgraded COMWLTH BK AUS/S from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. ValuEngine downgraded COMWLTH BK AUS/S from a “hold” rating to a “sell” rating in a research report on Tuesday, January 14th.

The stock has a 50-day simple moving average of $57.01 and a 200 day simple moving average of $55.05.

About COMWLTH BK AUS/S (OTCMKTS:CMWAY)

Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. The company offers retail, premium, business, and institutional banking; and funds management, superannuation, insurance, investment, and share-broking products and services. It operates through Retail Banking Services, Business and Private Banking, Institutional Banking and Markets, Wealth Management, New Zealand, Bankwest, and IFS and Other Divisions.

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