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CaixaBank (OTCMKTS:CAIXY) Stock Price Crosses Below 200-Day Moving Average - Time to Sell?

CaixaBank logo with Finance background

Shares of CaixaBank, S.A. (OTCMKTS:CAIXY - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.91 and traded as low as $1.75. CaixaBank shares last traded at $1.78, with a volume of 411,550 shares changing hands.

Analyst Ratings Changes

Separately, Barclays downgraded shares of CaixaBank from a "strong-buy" rating to a "hold" rating in a report on Monday, October 21st.

Read Our Latest Stock Analysis on CAIXY

CaixaBank Price Performance

The firm has a fifty day moving average of $1.92 and a 200-day moving average of $1.90.

CaixaBank Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, November 22nd. Stockholders of record on Tuesday, November 12th were issued a dividend of $0.0328 per share. The ex-dividend date was Tuesday, November 12th.

CaixaBank Company Profile

(Get Free Report)

CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.

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