Bankinter (OTCMKTS:BKNIY) Hits New 1-Year High - Time to Buy?

Bankinter SA (OTCMKTS:BKNIY - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $13.76 and last traded at $13.76, with a volume of 3524 shares trading hands. The stock had previously closed at $13.49.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. UBS Group downgraded Bankinter from a "strong-buy" rating to a "hold" rating in a report on Tuesday, June 10th. Barclays reaffirmed an "underweight" rating on shares of Bankinter in a report on Monday, April 14th. Finally, Kepler Capital Markets downgraded Bankinter from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 5th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Bankinter has a consensus rating of "Hold".

Bankinter Trading Down 0.4%

The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.53. The firm has a 50-day moving average of $13.20 and a two-hundred day moving average of $11.40.

Bankinter Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, July 7th. Investors of record on Tuesday, July 1st were given a dividend of $0.1056 per share. This represents a yield of 3.59%. The ex-dividend date of this dividend was Monday, June 30th. Bankinter's payout ratio is 35.83%.

About Bankinter

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.