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CaixaBank (OTCMKTS:CAIXY) Shares Gap Down - Should You Sell?

CaixaBank logo with Finance background

Shares of CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $3.02, but opened at $2.93. CaixaBank shares last traded at $2.92, with a volume of 6,389 shares.

Analyst Ratings Changes

Several research analysts recently commented on CAIXY shares. Citigroup reaffirmed a "buy" rating on shares of CaixaBank in a research note on Wednesday, May 14th. Deutsche Bank Aktiengesellschaft reaffirmed a "sell" rating on shares of CaixaBank in a research note on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, CaixaBank currently has an average rating of "Hold".

Read Our Latest Stock Report on CAIXY

CaixaBank Price Performance

The business's fifty day moving average price is $2.80 and its two-hundred day moving average price is $2.43.

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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