Bankinter (OTCMKTS:BKNIY) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

Bankinter, S.A. (OTCMKTS:BKNIY) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $8.49 and traded as high as $10.36. Bankinter shares last traded at $9.96, with a volume of 16,614 shares traded.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on BKNIY shares. Royal Bank of Canada raised Bankinter to a “moderate buy” rating in a research report on Thursday, January 16th. Keefe, Bruyette & Woods downgraded shares of Bankinter from a “hold” rating to a “moderate sell” rating in a report on Friday, November 22nd.

Bankinter Price Performance

The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.52. The stock has a fifty day simple moving average of $8.75 and a 200-day simple moving average of $8.50. The stock has a market cap of $8.95 billion, a price-to-earnings ratio of 8.89 and a beta of 0.80.

Bankinter (OTCMKTS:BKNIY) last posted its quarterly earnings data on Thursday, January 23rd. The bank reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.08. Bankinter had a return on equity of 16.74% and a net margin of 18.98%. As a group, equities research analysts expect that Bankinter, S.A. will post 1 EPS for the current year.

Bankinter Company Profile

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.