Commercial International Bank (Egypt) S.A.E. (LON:CBKD) Stock Price Down 1.3% – Here’s What Happened

Shares of Commercial International Bank (Egypt) S.A.E. (LON:CBKD) dropped 1.3% during mid-day trading on Thursday. The company traded as low as GBX 2.25 and last traded at GBX 2.26. Approximately 235,446 shares changed hands during trading, a decline of 80% from the average session volume of 1,198,841 shares. The stock had previously closed at GBX 2.29.

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

The company’s 50 day moving average is GBX 2.55 and its 200 day moving average is GBX 2.52. The stock has a market capitalization of £75.55 million, a price-to-earnings ratio of 0.00 and a beta of 0.56.

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. The company also provides credit, debit, and prepaid cards; smart wallet, mobile, internet, and phone banking; and ATM services.