Shares of National Bank of Canada (OTCMKTS:NTIOF - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $91.79 and traded as low as $83.48. National Bank of Canada shares last traded at $87.24, with a volume of 79,386 shares.
Analyst Ratings Changes
Several brokerages recently commented on NTIOF. Cormark raised National Bank of Canada from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, January 15th. Cibc World Mkts upgraded National Bank of Canada from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. Finally, Barclays lowered National Bank of Canada from a "strong-buy" rating to a "hold" rating in a research report on Thursday, November 21st.
Read Our Latest Report on National Bank of Canada
National Bank of Canada Stock Performance
The company has a market capitalization of $30.11 billion, a P/E ratio of 11.25 and a beta of 1.07. The business's fifty day simple moving average is $92.60 and its 200-day simple moving average is $91.88. 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 (OTCMKTS:NTIOF - Get Free Report) last announced its quarterly earnings results on Wednesday, December 4th. The financial services provider reported $1.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.84 by $0.05. National Bank of Canada had a return on equity of 17.21% and a net margin of 24.65%. As a group, equities analysts anticipate that National Bank of Canada will post 7.66 earnings per share for the current fiscal year.
National Bank of Canada Increases Dividend
The company also recently announced a dividend, which was paid on Saturday, February 1st. Stockholders of record on Tuesday, December 31st were issued a $0.8104 dividend. This is a positive change from National Bank of Canada's previous dividend of $0.81. The ex-dividend date was Monday, December 30th. This represents a dividend yield of 3.53%. National Bank of Canada's dividend payout ratio is presently 41.02%.
National Bank of Canada Company Profile
(
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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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