Comerica Incorporated is a Comerica is a financial services company headquartered in Dallas. It has three major business segments: the business bank, the retail bank, and wealth management.
Among the biggest risers on the S&P 500 on Wednesday February 03 was Comerica Incorporated ($CMA), popping some 1.73% to a price of $61.08 a share with some 1.09 million shares trading hands.
Starting the day trading at $59.84, Comerica Incorporated reached an intraday high of $61.17 and hit intraday lows of $59.78. Shares gained $1.04 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 139.17 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $24.29 to $66.09.
Comerica is a financial services company headquartered in Dallas. It has three major business segments: the business bank, the retail bank, and wealth management. Comerica is primarily focused on relationship-based commercial banking. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida, and Michigan, with select businesses operating in several other states as well as in Canada and Mexico.
Comerica Incorporated has its corporate headquarters located in Dallas, TX and employs 7,948 people. Its market cap has now risen to $8.5 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 1.11, and P/FCF n/a.
The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
To get more information on Comerica Incorporated and to follow the company’s latest updates, you can visit the company’s profile page here: CMA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
Source: https://www.equities.com/news/comerica-incorporated-cma-rises-1-73-for-february-03