CaixaBank (OTCMKTS:CAIXY) Hits New 1-Year High - Here's What Happened

Key Points

• CaixaBank's stock reached a new 52-week high at $3.21 during trading, with a last trade at $3.19 and a volume of 524,815 shares exchanged.
• Analyst ratings show a mixed outlook, with one sell rating, three hold ratings, and one buy rating, resulting in an average rating of "Hold."
• The company's 50-day moving average stands at $2.89, while the 200-day moving average is at $2.59, indicating a potentially positive trend in its stock performance.

Shares of CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $3.21 and last traded at $3.19, with a volume of 524815 shares traded. The stock had previously closed at $3.15.

Wall Street Analyst Weigh In

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

CaixaBank Price Performance

The firm's fifty day moving average price is $2.92 and its 200-day moving average price is $2.60.

CaixaBank Company Profile

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.