Shares of National Bank of Canada (OTCMKTS:NTIOF - Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $94.21 and traded as high as $96.18. National Bank of Canada shares last traded at $96.16, with a volume of 15,496 shares.
Analyst Ratings Changes
Separately, Cibc World Mkts lowered shares of National Bank of Canada from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 20th.
Check Out Our Latest Report on NTIOF
National Bank of Canada Stock Performance
The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.06. The company has a market cap of $32.37 billion, a PE ratio of 12.86 and a beta of 1.07. The business's fifty day moving average is $94.30 and its 200-day moving average is $87.11.
National Bank of Canada (OTCMKTS:NTIOF - Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The financial services provider reported $1.96 earnings per share for the quarter. National Bank of Canada had a net margin of 19.10% and a return on equity of 17.29%. The business had revenue of $2.18 billion for the quarter. As a group, research analysts predict that National Bank of Canada will post 7.6 EPS for the current fiscal year.
National Bank of Canada Increases Dividend
The company also recently declared a dividend, which was paid on Friday, November 1st. Shareholders of record on Monday, September 30th were issued a dividend of $0.8081 per share. The ex-dividend date was Friday, September 27th. This represents a yield of 3.45%. This is an increase from National Bank of Canada's previous dividend of $0.81. National Bank of Canada's payout ratio is currently 43.58%.
About National Bank of Canada
(
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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.
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