Komercní banka, a.s. (OTCMKTS:KMERF) shares shot up 7.1% during trading on Tuesday . The stock traded as high as $31.34 and last traded at $31.34. 10,584 shares changed hands during trading, an increase of 601% from the average session volume of 1,510 shares. The stock had previously closed at $29.25.

Several brokerages have commented on KMERF. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Komercní banka, a.s. in a report on Friday, February 12th. HSBC downgraded Komercní banka, a.s. from a “buy” rating to a “hold” rating in a research note on Tuesday, December 15th.

The business has a 50 day moving average price of $30.70 and a 200-day moving average price of $26.85.

Komercní banka, a.s. Company Profile (OTCMKTS:KMERF)

Komercní banka, a.s., together with its subsidiaries, provides various retail, corporate, and investment banking services primarily in the Czech Republic, and Central and Eastern Europe. The company accepts various deposits, such as current and savings accounts, term deposits, and foreign currency accounts.

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