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CaixaBank (OTCMKTS:CAIXY) Share Price Passes Below Two Hundred Day Moving Average - Should You Sell?

CaixaBank logo with Finance background

CaixaBank, S.A. (OTCMKTS:CAIXY - Get Free Report) passed 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 $1.85. CaixaBank shares last traded at $1.94, with a volume of 271,081 shares traded.

Analysts Set New Price Targets

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

Check Out Our Latest Analysis on CAIXY

CaixaBank Stock Down 2.1 %

The business has a fifty day moving average price of $2.01 and a 200 day moving average price of $1.91.

CaixaBank Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 22nd. Stockholders of record on Tuesday, November 12th will be issued a $0.0328 dividend. The ex-dividend date of this dividend is Tuesday, November 12th.

About CaixaBank

(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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