Bankinter (OTCMKTS:BKNIY) Hits New 52-Week High – Should You Buy?

Bankinter, S.A. (OTCMKTS:BKNIY)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $11.87 and last traded at $11.78, with a volume of 13488 shares changing hands. The stock had previously closed at $11.42.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Bankinter in a research report on Thursday, March 6th. Royal Bank of Canada upgraded shares of Bankinter to a “moderate buy” rating in a research report on Thursday, January 16th. Finally, Keefe, Bruyette & Woods cut shares of Bankinter from a “hold” rating to a “moderate sell” rating in a report on Friday, November 22nd.

Bankinter Stock Performance

The company has a market capitalization of $10.26 billion, a price-to-earnings ratio of 10.19 and a beta of 0.73. The firm has a fifty day simple moving average of $9.64 and a 200 day simple moving average of $8.73. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.04 and a quick ratio of 1.04.

Bankinter (OTCMKTS:BKNIY) last announced its earnings results on Thursday, January 23rd. The bank reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. Bankinter had a return on equity of 16.74% and a net margin of 18.98%. On average, analysts anticipate that Bankinter, S.A. will post 1 earnings per share for the current fiscal year.

About Bankinter

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.