Bankinter (OTCMKTS:BKNIY) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

Bankinter, S.A. (OTCMKTS:BKNIY)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $8.49 and traded as high as $10.36. Bankinter shares last traded at $9.96, with a volume of 16,614 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on BKNIY shares. Keefe, Bruyette & Woods lowered shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 22nd. Royal Bank of Canada raised Bankinter to a “moderate buy” rating in a report on Thursday, January 16th.

Bankinter Stock Performance

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 stock has a fifty day simple moving average of $8.75 and a 200-day simple moving average of $8.50. The company has a market capitalization of $8.95 billion, a P/E ratio of 8.89 and a beta of 0.80.

Bankinter (OTCMKTS:BKNIY) last issued its quarterly earnings data on Thursday, January 23rd. The bank reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. Bankinter had a return on equity of 16.74% and a net margin of 18.98%. Equities analysts forecast that Bankinter, S.A. will post 1 EPS for the current year.

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.