Commonwealth Bank of Australia (OTCMKTS:CMWAY) Reaches New 1-Year High at $96.20

Shares of Commonwealth Bank of Australia (OTCMKTS:CMWAY) hit a new 52-week high during trading on Wednesday . The stock traded as high as $96.20 and last traded at $94.16, with a volume of 16125 shares trading hands. The stock had previously closed at $94.26.

Analysts Set New Price Targets

Separately, UBS Group upgraded Commonwealth Bank of Australia to a “strong sell” rating in a report on Monday, June 24th.

Commonwealth Bank of Australia Trading Down 0.1 %

The firm has a fifty day simple moving average of $86.66 and a 200 day simple moving average of $80.63.

Commonwealth Bank of Australia Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, October 7th. Stockholders of record on Monday, August 26th will be paid a $1.6378 dividend. This is an increase from Commonwealth Bank of Australia’s previous dividend of $1.37. The ex-dividend date is Monday, August 26th.

Commonwealth Bank of Australia Company Profile

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.