Bankinter (OTCMKTS:BKNIY) Stock Price Crosses Above 200-Day Moving Average - Here's Why

Bankinter, S.A. (OTCMKTS:BKNIY - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.80 and traded as high as $13.17. Bankinter shares last traded at $13.10, with a volume of 10,136 shares trading hands.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Bankinter in a research note on Thursday, March 6th. Barclays reiterated an "underweight" rating on shares of Bankinter in a research report on Monday, April 14th.

Bankinter Price 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 firm's fifty day moving average price is $11.63 and its 200 day moving average price is $9.84. The stock has a market cap of $11.68 billion, a PE ratio of 11.60 and a beta of 0.21.

Bankinter Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 14th. Stockholders of record on Wednesday, April 2nd were issued a dividend of $0.1084 per share. The ex-dividend date of this dividend was Wednesday, April 2nd. Bankinter's dividend payout ratio (DPR) is 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.