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

Bankinter, S.A. (OTCMKTS:BKNIY)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $9.46 and traded as high as $12.73. Bankinter shares last traded at $12.71, with a volume of 10,949 shares.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BKNIY. Barclays reaffirmed an “underweight” rating on shares of Bankinter in a research note on Monday, April 14th. Royal Bank of Canada upgraded shares of Bankinter to a “moderate buy” rating in a report on Thursday, January 16th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bankinter in a report on Thursday, March 6th.

Bankinter Price Performance

The firm has a market capitalization of $11.42 billion, a P/E ratio of 11.35 and a beta of 0.21. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.04 and a quick ratio of 1.04. The stock’s fifty day simple moving average is $11.23 and its 200 day simple moving average is $9.46.

Bankinter Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, April 14th. Shareholders of record on Wednesday, April 2nd were issued a $0.1084 dividend. The ex-dividend date was Wednesday, April 2nd. Bankinter’s dividend payout ratio is presently 29.46%.

Bankinter Company Profile

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.