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Bankinter (OTCMKTS:BKNIY) Shares Cross Above 200 Day Moving Average - What's Next?

Bankinter logo with Finance background

Bankinter, S.A. (OTCMKTS:BKNIY - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.32 and traded as high as $8.73. Bankinter shares last traded at $8.27, with a volume of 39,687 shares.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Report on Bankinter

Bankinter Stock Performance

The business has a fifty day simple moving average of $7.95 and a 200-day simple moving average of $8.32. The firm has a market cap of $7.43 billion, a price-to-earnings ratio of 8.44 and a beta of 0.80.

Bankinter Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd were paid a $0.2514 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This is an increase from Bankinter's previous dividend of $0.10. Bankinter's dividend payout ratio is currently 102.04%.

About Bankinter

(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.

Further Reading

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