Bankinter (OTCMKTS:BKNIY) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Bankinter, S.A. (OTCMKTS:BKNIY) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.36 and traded as high as $11.54. Bankinter shares last traded at $9.10, with a volume of 34,074 shares trading hands.

Analysts Set New Price Targets

Several brokerages recently weighed in on BKNIY. Keefe, Bruyette & Woods lowered Bankinter from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 22nd. Royal Bank of Canada upgraded Bankinter to a “moderate buy” rating in a report on Thursday, January 16th.

Bankinter Trading Down 0.4 %

The company has a debt-to-equity ratio of 1.52, a current ratio of 1.04 and a quick ratio of 1.04. The business’s 50 day moving average price is $8.15 and its 200-day moving average price is $8.37.

Bankinter (OTCMKTS:BKNIY) last announced its quarterly earnings data on Thursday, January 23rd. The bank reported $0.26 earnings per share (EPS) 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%. Sell-side analysts forecast that Bankinter, S.A. will post 0.99 earnings per share for the current year.

Bankinter Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.2514 per share. This is a positive change from Bankinter’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, December 3rd. Bankinter’s payout ratio is presently 89.29%.

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.