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CaixaBank (OTCMKTS:CAIXY) Stock Crosses Above 50-Day Moving Average - What's Next?

CaixaBank logo with Finance background

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY - Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $2.83 and traded as high as $2.87. CaixaBank shares last traded at $2.84, with a volume of 324,985 shares.

Analysts Set New Price Targets

CAIXY has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a "sell" rating on shares of CaixaBank in a research report on Thursday, May 22nd. Citigroup reissued 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 given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, CaixaBank presently has a consensus rating of "Hold".

View Our Latest Stock Report on CAIXY

CaixaBank Stock Performance

The business's 50-day moving average is $2.84 and its two-hundred day moving average is $2.50.

About CaixaBank

(Get Free Report)

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.

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