Commonwealth Bank of Australia (OTCMKTS:CBAUF – Get Free Report) shares dropped 10.2% during trading on Thursday . The stock traded as low as $97.63 and last traded at $97.63. Approximately 612 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 1,086 shares. The stock had previously closed at $108.72.
Commonwealth Bank of Australia Price Performance
The company’s fifty day moving average price is $103.93 and its 200-day moving average price is $108.93.
Commonwealth Bank of Australia Company Profile
Commonwealth Bank of Australia (OTCMKTS:CBAUF) is a diversified financial services group headquartered in Sydney, Australia. Established by the Australian government in 1911, it has grown into one of the country’s largest banking institutions. The bank maintains a dual listing, primarily trading on the Australian Securities Exchange, with its American Depositary Receipts available over‐the‐counter in the United States under the ticker CBAUF.
The bank’s core activities span retail, business and institutional banking, alongside wealth management and insurance services.
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