comdirect bank (ETR:COM) Sets New 12-Month High at $12.82

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comdirect bank AG (ETR:COM) shares hit a new 52-week high on Monday . The stock traded as high as €12.82 ($14.91) and last traded at €12.82 ($14.91), with a volume of 5289 shares trading hands. The stock had previously closed at €12.80 ($14.88).

Separately, Warburg Research set a €11.90 ($13.84) price objective on shares of comdirect bank and gave the company a “buy” rating in a research report on Monday, September 23rd.

The company’s 50 day moving average is €11.14 and its 200 day moving average is €10.09. The firm has a market capitalization of $1.83 billion and a price-to-earnings ratio of 38.86.

About comdirect bank (ETR:COM)

comdirect bank Aktiengesellschaft, together with its subsidiaries, engages in direct banking and online securities businesses in Germany and internationally. The company operates through two business segments, Business to Customer (B2C) and Business to Business (B2B). The B2C segment provides custody accounts, and trading platform and services, as well as securities services and securities savings plans; current accounts and cards, investment accounts, AnlageAssistent, Anlageberatung PLUS, money savings plans, and bonus savings; and consumer loans and loans against securities, as well as brokerage services.

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