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

National Australia Bank logo with Finance background

National Australia Bank Ltd. (OTCMKTS:NABZY - Get Free Report)'s share price gapped up before the market opened on Wednesday . The stock had previously closed at $12.62, but opened at $13.07. National Australia Bank shares last traded at $12.70, with a volume of 20,415 shares.

National Australia Bank Price Performance

The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 2.67. The stock's 50 day simple moving average is $11.88 and its 200 day simple moving average is $11.66.

National Australia Bank Cuts Dividend

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

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.

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