Canadian Imperial Bank of Commerce (NYSE:CM) : During the past 4 weeks, traders have been relatively bearish on Canadian Imperial Bank of Commerce (NYSE:CM), hence the stock is down -8.92% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.45% relative to the S&P 500. The 4-week change in the price of the stock is -7.45% and the stock has fallen -0.19% in the past 1 week.
The company shares have rallied 4.03% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $82.60 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $78.15 and the 200 Day Moving Average price is recorded at $72.23.
The stock has recorded a 20-day Moving Average of 3.59% and the 50-Day Moving Average is 3.81%.
Canadian Imperial Bank of Commerce (NYSE:CM): stock turned positive on Friday. Though the stock opened at $74.84, the bulls momentum made the stock top out at $75.14 level for the day. The stock recorded a low of $74.41 and closed the trading day at $74.53, in the green by 0.22%. The total traded volume for the day was 741,871. The stock had closed at $74.37 in the previous days trading.
Canadian Imperial Bank of Commerce (CIBC) is a Canada-based financial institution. CIBC serves its clients through three strategic business units: Retail and Business Banking, Wealth Management and Wholesale Banking. Its three main operating groups are supported by six functional groups: Technology and Operations; Corporate Development; Finance; Treasury; Administration; and Risk Management, which form part of Corporate and Other. Retail and Business Banking provides financial advice, banking, investment, and authorized insurance products and services from over 1,100 branches, mobile sales force, telephone banking, and online and mobile banking. Wealth Management provides relationship-based advisory services and a suite of investment solutions to meet the needs of institutional, retail and high net worth clients. Wholesale Banking provides a range of credit, capital market, investment banking, merchant banking and research products and services to the clients.