CaixaBank (OTCMKTS:CAIXY) Sets New 1-Year High - Still a Buy?

Key Points

• CaixaBank's shares reached a new 52-week high at $3.45, indicating a upward trend in mid-day trading with a volume of 75,185 shares exchanged.
• Analysts have mixed ratings for CaixaBank, with one Buy rating, three Holds, and one Sell, resulting in an average rating of "Hold".
• CaixaBank offers a wide range of banking and financial services in Spain and internationally, operating through multiple segments including Banking and Insurance.

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $3.45 and last traded at $3.45, with a volume of 75185 shares. The stock had previously closed at $3.40.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a "sell" rating on shares of CaixaBank in a research note on Friday, August 8th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold".

CaixaBank Stock Up 1.8%

The stock has a fifty day simple moving average of $3.23 and a two-hundred day simple moving average of $2.86.

About CaixaBank

CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.