Shares of National Bank of Canada (OTCMKTS:NTIOF - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $91.06 and traded as low as $78.87. National Bank of Canada shares last traded at $79.65, with a volume of 153,043 shares changing hands.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on NTIOF. Cormark downgraded shares of National Bank of Canada from a "moderate buy" rating to a "hold" rating in a report on Friday, February 21st. Cibc World Mkts cut shares of National Bank of Canada from a "hold" rating to a "strong sell" rating in a research note on Friday, April 4th. CIBC restated a "neutral" rating on shares of National Bank of Canada in a research report on Wednesday, March 5th. Finally, National Bankshares downgraded National Bank of Canada from a "speculative buy" rating to an "underperform" rating in a research report on Friday, April 4th. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to MarketBeat.com, National Bank of Canada currently has an average rating of "Hold".
Get Our Latest Stock Report on NTIOF
National Bank of Canada Stock Performance
The company's 50-day moving average is $83.91 and its two-hundred day moving average is $90.53. The company has a market capitalization of $31.61 billion, a P/E ratio of 10.29 and a beta of 0.95. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.06.
National Bank of Canada Cuts Dividend
The business also recently declared a dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 1st will be issued a $0.7975 dividend. This represents a dividend yield of 3.86%. The ex-dividend date is Monday, March 31st. National Bank of Canada's payout ratio is 39.92%.
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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