Bankinter (OTCMKTS:BKNIY) Shares Cross Above 200-Day Moving Average – Should You Sell?

Bankinter, S.A. (OTCMKTS:BKNIYGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.44 and traded as high as $10.03. Bankinter shares last traded at $9.95, with a volume of 8,963 shares traded.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Keefe, Bruyette & Woods cut shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 22nd. Royal Bank of Canada upgraded Bankinter to a “moderate buy” rating in a report on Thursday, January 16th.

Get Our Latest Stock Report on BKNIY

Bankinter Stock Performance

The firm has a fifty day moving average price of $8.51 and a 200 day moving average price of $8.44. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.52.

Bankinter (OTCMKTS:BKNIYGet Free Report) last issued its earnings results on Thursday, January 23rd. The bank reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. Bankinter had a net margin of 18.98% and a return on equity of 16.74%. Sell-side analysts expect that Bankinter, S.A. will post 1 earnings per share for the current fiscal year.

Bankinter Increases Dividend

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

Bankinter Company Profile

(Get Free Report)

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.

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