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CaixaBank (OTCMKTS:CAIXY) Share Price Passes Below 200 Day Moving Average - Here's Why

CaixaBank logo with Finance background

CaixaBank, S.A. (OTCMKTS:CAIXY - Get Free Report) shares 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 trading hands.

Analyst Ratings Changes

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

Check Out Our Latest Stock Report on CAIXY

CaixaBank Stock Performance

The stock's 50-day moving average price is $2.01 and its 200 day moving average price is $1.91.

CaixaBank Cuts Dividend

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