CaixaBank (OTCMKTS:CAIXY) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $2.76 and traded as high as $2.91. CaixaBank shares last traded at $2.88, with a volume of 235,056 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on CAIXY shares. Citigroup reissued a “buy” rating on shares of CaixaBank in a research note on Wednesday, May 14th. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of CaixaBank in a report on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, CaixaBank has a consensus rating of “Hold”.

CaixaBank Stock Up 0.3%

The company has a fifty day simple moving average of $2.76 and a 200-day simple moving average of $2.39.

CaixaBank Company Profile

CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.