Commercial International Bank (Egypt) S.A.E. (LON:CBKD) Trading 1.4% Higher – Time to Buy?

Commercial International Bank (Egypt) S.A.E. (LON:CBKD)’s stock price shot up 1.4% on Thursday . The stock traded as high as GBX 1.48 ($0.02) and last traded at GBX 1.48 ($0.02). 365,759 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 993,333 shares. The stock had previously closed at GBX 1.46 ($0.02).

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

The stock has a market capitalization of £44.39 million, a P/E ratio of 5.81 and a beta of 0.56. The firm’s 50 day simple moving average is GBX 1.49 and its two-hundred day simple moving average is GBX 1.57.

Commercial International Bank (Egypt) S.A.E. Company Profile

Commercial International Bank (Egypt) SAE. provides financial products and services in Egypt. The company operates in four segments: Corporate Banking, Investment, Retail Banking, and Assets and Liabilities Management. It offers current and saving accounts, business accounts, time deposits, and certificates of deposit; car, personal, travel, solar, education, and overdraft loans; fund investment management; mortgages services; and insurance products.