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Bankinter (OTCMKTS:BKNIY) Shares Pass Below 200 Day Moving Average - Here's What Happened

Bankinter logo with Finance background

Bankinter, S.A. (OTCMKTS:BKNIY - Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $8.43 and traded as low as $7.83. Bankinter shares last traded at $7.89, with a volume of 8,626 shares.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods cut Bankinter from a "hold" rating to a "moderate sell" rating in a research report on Friday, November 22nd.

Read Our Latest Research Report on BKNIY

Bankinter Stock Up 2.2 %

The business's fifty day moving average is $8.14 and its 200 day moving average is $8.43.

Bankinter Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd were given a dividend of $0.2514 per share. The ex-dividend date was Tuesday, December 3rd. This is an increase from Bankinter's previous dividend of $0.10.

Bankinter Company Profile

(Get Free Report)

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.

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