Free Trial

National Australia Bank (OTCMKTS:NABZY) Shares Gap Down - Here's Why

National Australia Bank logo with Finance background

National Australia Bank Ltd. (OTCMKTS:NABZY - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $12.96, but opened at $12.49. National Australia Bank shares last traded at $12.96, with a volume of 4,520 shares trading hands.

National Australia Bank Stock Down 2.2%

The company's 50 day moving average price is $12.18 and its two-hundred day moving average price is $11.68. The company has a debt-to-equity ratio of 2.67, a quick ratio of 1.23 and a current ratio of 1.23.

National Australia Bank Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Tuesday, May 20th will be paid a dividend of $0.255 per share. This represents a dividend yield of 4.05%. The ex-dividend date is Monday, May 19th.

About National Australia Bank

(Get Free Report)

National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally. The company operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments.

Featured Stories

Should You Invest $1,000 in National Australia Bank Right Now?

Before you consider National Australia Bank, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and National Australia Bank wasn't on the list.

While National Australia Bank currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Time to Cash Out? 5 Stocks to Drop Before Earnings
Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines