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National Australia Bank (OTCMKTS:NABZY) Stock Passes Above 200 Day Moving Average - Here's Why

National Australia Bank logo with Finance background

National Australia Bank Limited (OTCMKTS:NABZY - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $11.68 and traded as high as $12.70. National Australia Bank shares last traded at $12.58, with a volume of 177,545 shares trading hands.

National Australia Bank Stock Performance

The company has a 50 day simple moving average of $11.50 and a 200-day simple moving average of $11.66. The company has a debt-to-equity ratio of 2.67, a current ratio of 1.23 and a quick ratio of 1.23.

National Australia Bank Cuts Dividend

The company also recently announced 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 of this dividend is Monday, May 19th. This represents a dividend 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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