National Bank of Canada (OTCMKTS:NTIOF - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $90.15 and traded as low as $81.73. National Bank of Canada shares last traded at $81.73, with a volume of 70,226 shares changing hands.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Cormark lowered shares of National Bank of Canada from a "moderate buy" rating to a "hold" rating in a research report on Friday, February 21st. National Bankshares lowered National Bank of Canada from a "speculative buy" rating to an "underperform" rating in a research report on Friday, April 4th. Cibc World Mkts downgraded National Bank of Canada from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th. Finally, CIBC reaffirmed a "neutral" rating on shares of National Bank of Canada in a research note on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. Based on data from MarketBeat.com, National Bank of Canada currently has a consensus rating of "Hold".
Read Our Latest Research Report on NTIOF
National Bank of Canada Stock Up 1.1 %
The stock has a market capitalization of $32.71 billion, a price-to-earnings ratio of 10.65 and a beta of 0.95. The business has a 50-day moving average of $83.17 and a 200-day moving average of $90.03. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.76 and a current ratio of 0.76.
National Bank of Canada Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 1st will be given a dividend of $0.7975 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a dividend yield of 3.86%. National Bank of Canada's payout ratio is currently 40.05%.
About National Bank of Canada
(
Get Free Report)
National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.
Featured Articles
Before you consider National Bank of Canada, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and National Bank of Canada wasn't on the list.
While National Bank of Canada currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
