Commonwealth Bank of Australia (OTCMKTS:CMWAY) Hits New 52-Week High – Still a Buy?

Shares of Commonwealth Bank of Australia (OTCMKTS:CMWAYGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $105.54 and last traded at $104.98, with a volume of 18398 shares changing hands. The stock had previously closed at $101.62.

Commonwealth Bank of Australia Price Performance

The business’s fifty day simple moving average is $95.70 and its two-hundred day simple moving average is $89.67. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.09 and a quick ratio of 1.09.

About Commonwealth Bank of Australia

(Get Free Report)

Commonwealth Bank of Australia provides financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans.

Further Reading

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