Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Stock Price Down 1.1% – Here’s What Happened

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) shares fell 1.1% on Monday . The stock traded as low as $2.6696 and last traded at $2.67. Approximately 1,438 shares were traded during trading, a decline of 86% from the average daily volume of 10,558 shares. The stock had previously closed at $2.70.

Commercial International Bank (Egypt) S.A.E. Price Performance

The stock’s 50 day simple moving average is $2.58 and its 200-day simple moving average is $2.52.

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) last announced its quarterly earnings results on Monday, July 20th. The company reported $0.11 EPS for the quarter. The business had revenue of $661.63 million for the quarter.

About Commercial International Bank (Egypt) S.A.E.

Commercial International Bank (Egypt) SAE. (OTCMKTS:CIBEY) is one of Egypt’s leading private sector banks, offering a comprehensive suite of banking and financial services to individuals, small and medium-sized enterprises (SMEs), large corporations and government entities. Founded in 1975 as Egypt’s first truly private bank, CIB has built an extensive domestic network of branches and digital channels to serve a broad customer base across urban and rural markets. The bank’s core operations encompass retail banking, corporate and investment banking, treasury and capital markets, trade finance and risk management.

In its retail segment, CIB provides deposit accounts, credit and debit cards, personal and mortgage loans, auto finance and wealth management advisory.