Bankinter (OTCMKTS:BKNIY) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Bankinter, S.A. (OTCMKTS:BKNIY) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.32 and traded as high as $8.73. Bankinter shares last traded at $8.27, with a volume of 39,687 shares.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods cut Bankinter from a “hold” rating to a “moderate sell” rating in a report on Friday, November 22nd.

Bankinter Trading Up 2.7 %

The firm has a market cap of $7.43 billion, a PE ratio of 8.44 and a beta of 0.80. The business’s 50-day simple moving average is $7.95 and its 200 day simple moving average is $8.32.

Bankinter Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were paid a $0.2514 dividend. This is an increase from Bankinter’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, December 3rd. Bankinter’s payout ratio is 102.04%.

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.