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CaixaBank (OTCMKTS:CAIXY) Stock Passes Below Two Hundred Day Moving Average - Here's What Happened

CaixaBank logo with Finance background

Shares of CaixaBank, S.A. (OTCMKTS:CAIXY - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.91 and traded as low as $1.72. CaixaBank shares last traded at $1.73, with a volume of 266,235 shares changing hands.

Wall Street Analyst Weigh In

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

Read Our Latest Report on CaixaBank

CaixaBank Stock Performance

The firm has a 50 day moving average of $1.94 and a 200-day moving average of $1.91.

CaixaBank Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, November 22nd. Stockholders of record on Tuesday, November 12th were issued a $0.0328 dividend. 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.

Further Reading

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