CAIXABANK/ADR (OTCMKTS:CAIXY)’s stock price rose 0.6% during trading on Wednesday . The stock traded as high as $0.94 and last traded at $0.94, approximately 105,831 shares were traded during trading. A decline of 59% from the average daily volume of 257,651 shares. The stock had previously closed at $0.93.
Separately, HSBC cut shares of CAIXABANK/ADR from a “buy” rating to a “hold” rating in a research note on Wednesday, October 16th.
The company’s 50 day moving average price is $0.94 and its two-hundred day moving average price is $0.88.
CAIXABANK/ADR Company Profile (OTCMKTS:CAIXY)
CaixaBank, SA, together with its subsidiaries, provides banking and financial products and services in Spain and internationally. The company operates through Banking and Insurance, and Non-Core Real Estate Activity segments. The Banking and Insurance segment engages in the banking business that include retail banking, corporate and institutional, and cash management, and market service activities; insurance business; and asset management business.
Further Reading: Reverse Stock Split
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