National Australia Bank (OTCMKTS:NABZY) Stock Crosses Above 200 Day Moving Average – Here’s Why

National Australia Bank Ltd. (OTCMKTS:NABZY) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $13.13 and traded as high as $14.44. National Australia Bank shares last traded at $14.28, with a volume of 142,428 shares trading hands.

Analyst Ratings Changes

NABZY has been the topic of a number of research reports. The Goldman Sachs Group raised shares of National Australia Bank to a “strong sell” rating in a research note on Wednesday, October 8th. National Bankshares initiated coverage on shares of National Australia Bank in a research note on Wednesday, October 8th. They set a “sell” rating and a $38.00 target price on the stock. Two research analysts have rated the stock with a Sell rating, Based on data from MarketBeat, National Australia Bank presently has an average rating of “Sell” and a consensus target price of $38.00.

National Australia Bank Stock Performance

The business’s 50-day moving average is $14.33 and its 200-day moving average is $13.13.

About National Australia Bank

National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally. The company operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments.