CaixaBank (OTCMKTS:CAIXY) Reaches New 12-Month High - What's Next?

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY - Get Free Report)'s share price hit a new 52-week high on Wednesday . The company traded as high as $3.02 and last traded at $3.02, with a volume of 201523 shares changing hands. The stock had previously closed at $2.93.

Analyst Ratings Changes

A number of equities analysts have recently commented on CAIXY shares. Deutsche Bank Aktiengesellschaft reaffirmed a "sell" rating on shares of CaixaBank in a report on Thursday, May 22nd. Citigroup reiterated a "buy" rating on shares of CaixaBank in a research report on Wednesday, May 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold".

CaixaBank Stock Performance

The business has a 50 day moving average of $2.85 and a 200-day moving average of $2.52.

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.