Commerzbank AG (OTCMKTS:CRZBY – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $22.71 and last traded at $22.08, with a volume of 25924 shares traded. The stock had previously closed at $21.22.
Commerzbank Stock Up 4.1 %
The company has a market cap of $26.16 billion, a P/E ratio of 11.56 and a beta of 0.95. The stock has a 50 day moving average price of $18.65 and a two-hundred day moving average price of $17.23.
Institutional Investors Weigh In On Commerzbank
A hedge fund recently raised its stake in Commerzbank stock. GAMMA Investing LLC increased its holdings in shares of Commerzbank AG (OTCMKTS:CRZBY – Free Report) by 5,506.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,850 shares of the financial services provider’s stock after acquiring an additional 1,817 shares during the quarter. GAMMA Investing LLC’s holdings in Commerzbank were worth $30,000 as of its most recent filing with the SEC.
About Commerzbank
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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