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

National Australia Bank Limited (OTCMKTS:NABZY - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.73 and traded as high as $12.06. National Australia Bank shares last traded at $12.06, with a volume of 112,178 shares.

National Australia Bank Price Performance

The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 2.67. The company's 50-day simple moving average is $11.14 and its two-hundred day simple moving average is $11.70.

National Australia Bank Cuts Dividend

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

About National Australia Bank

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.