Commerce Bancshares, Inc. stock performance trend indicates that the stock price has rallied 0.19% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 24.14% . Looking at the past 52 week period, the stock price is up at 35.41% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Commerce Bancshares, Inc. has a positive value of 26.78 compared to overall market.Commerce Bancshares, Inc. is having a Relative Strength Index of 53.22 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Commerce Bancshares, Inc. (NASDAQ:CBSH) rallied by 0.74% during the past week but lost 1.49% on a 4-week basis. The company has outperformed the S&P 500 by 0.5% in the past week but underperformed the index by 2.61% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Commerce Bancshares, Inc. (NASDAQ:CBSH) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.05 points or 0.09% at $58.24 with 1,838,530 shares getting traded. Post opening the session at $58.54, the shares hit an intraday low of $57.6 and an intraday high of $58.54 and the price was in this range throughout the day. The company has a market cap of $5,928 million and the number of outstanding shares has been calculated to be 101,779,806 shares. The 52-week high of Commerce Bancshares, Inc. (NASDAQ:CBSH) is $60.61 and the 52-week low is $40.933333.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Commerce Bancshares was Initiated by Wells Fargo to Market Perform on Jan 6, 2017.
Company has reported several Insider transactions to the SEC, on Mar 9, 2017, Patricia R Kellerhals (Senior Vice President) sold 275 shares at 58.76 per share price.On Mar 3, 2017, Jeffery D Aberdeen (Controller) sold 311 shares at 59.23 per share price.On Feb 27, 2017, V Raymond Stranghoener (Executive Vice President) sold 5,499 shares at 59.55 per share price.
Commerce Bancshares Last issued its quarterly earnings results on Jan 18, 2017. The company reported $0.68 EPS for the quarter. Analyst had a consensus estimate of $0.68. The company had revenue of $292.70 million for the quarter, compared to analysts expectations of $302.15 million. The companys revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 EPS.
Commerce Bancshares, Inc. is a registered bank holding company offering a full line of banking services, including retail and commercial banking, investment management and securities brokerage. The company operates locations in Missouri, Illinois, and Kansas. The company also has five other operating subsidiaries involved in mortgage banking, credit related insurance, venture capital, and real estate activities. (Company Press Release)