Commerzbank (ETR:CBK) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Shares of Commerzbank AG (ETR:CBK) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €33.49 and traded as low as €30.07. Commerzbank shares last traded at €30.57, with a volume of 4,118,452 shares trading hands.

Commerzbank Trading Up 4.5%

The company has a debt-to-equity ratio of 13.03, a current ratio of 4.07 and a quick ratio of 0.36. The company’s fifty day moving average is €34.44 and its 200-day moving average is €33.43. The stock has a market cap of $38.19 billion, a PE ratio of 16.45, a PEG ratio of 4.82 and a beta of 0.61.

Commerzbank Company Profile

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. The company offers saving, checking, business, and current accounts; term deposits; pension; credit and debit cards; payment solutions; overdraft services; various loans; and insurance products.