Commonwealth Bank of Australia (OTCMKTS:CSLLY) Hits New 52-Week High at $103.34

Shares of Commonwealth Bank of Australia (OTCMKTS:CSLLY) reached a new 52-week high during trading on Wednesday . The company traded as high as $103.34 and last traded at $103.25, with a volume of 31891 shares traded. The stock had previously closed at $102.70.

Several analysts have commented on the stock. JPMorgan Chase & Co. cut shares of Commonwealth Bank of Australia from an “overweight” rating to a “neutral” rating in a research note on Wednesday, December 4th. Zacks Investment Research upgraded shares of Commonwealth Bank of Australia from a “hold” rating to a “buy” rating and set a $108.00 price objective for the company in a research note on Monday, December 9th. Jefferies Financial Group assumed coverage on shares of Commonwealth Bank of Australia in a research note on Monday, October 21st. They set a “buy” rating for the company. Finally, ValuEngine cut shares of Commonwealth Bank of Australia from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd.

The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.14 and a current ratio of 2.53. The firm’s 50 day simple moving average is $97.83 and its 200 day simple moving average is $86.08. The firm has a market capitalization of $94.67 billion, a price-to-earnings ratio of 49.14 and a beta of 0.70.

Commonwealth Bank of Australia Company Profile (OTCMKTS:CSLLY)

CSL Limited researches, develops, manufactures, markets, and distributes biopharmaceutical and allied products in Australia, the United States, Germany, the United Kingdom, Switzerland, China, and internationally. The company operates through two segments, CSL Behring and Seqirus. The CSL Behring segment offers plasma therapies for the treatment of immunodeficiency, bleeding disorders, hereditary angioedema, Alpha-1 antitrypsin deficiency, and neurological disorders.

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