COMWLTH BK AUS/S (OTCMKTS:CMWAY) Cut to Sell at ValuEngine

COMWLTH BK AUS/S (OTCMKTS:CMWAY) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Thursday, ValuEngine reports.

COMWLTH BK AUS/S stock traded up $0.08 during trading on Thursday, reaching $55.81. 7,424 shares of the company’s stock were exchanged, compared to its average volume of 15,049. The business’s 50-day simple moving average is $56.97. COMWLTH BK AUS/S has a 52-week low of $46.09 and a 52-week high of $58.37.

COMWLTH BK AUS/S Company Profile

Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. The company offers retail, premium, business, and institutional banking; and funds management, superannuation, insurance, investment, and share-broking products and services. It operates through Retail Banking Services, Business and Private Banking, Institutional Banking and Markets, Wealth Management, New Zealand, Bankwest, and IFS and Other Divisions.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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