Bankinter (OTCMKTS:BKNIY) Shares Cross Above 200-Day Moving Average – What’s Next?

Bankinter, S.A. (OTCMKTS:BKNIYGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.36 and traded as high as $11.54. Bankinter shares last traded at $9.10, with a volume of 34,074 shares changing hands.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Royal Bank of Canada upgraded Bankinter to a “moderate buy” rating in a research report on Thursday, January 16th. Keefe, Bruyette & Woods lowered shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 22nd.

Get Our Latest Report on BKNIY

Bankinter Stock Down 0.4 %

The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.52. The firm’s fifty day moving average price is $8.15 and its 200-day moving average price is $8.37.

Bankinter (OTCMKTS:BKNIYGet Free Report) last issued its quarterly 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%. As a group, sell-side analysts anticipate that Bankinter, S.A. will post 0.99 EPS for the current fiscal year.

Bankinter Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were given a $0.2514 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This is a boost from Bankinter’s previous dividend of $0.10. Bankinter’s payout ratio is 89.29%.

About Bankinter

(Get Free Report)

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.

Further Reading

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