National Bank of Canada (OTCMKTS:NTIOF - Get Free Report)'s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $83.45 and traded as high as $90.41. National Bank of Canada shares last traded at $90.20, with a volume of 135,655 shares traded.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the company. Cibc World Mkts downgraded National Bank of Canada from a "hold" rating to a "strong sell" rating in a report on Friday, April 4th. CIBC reissued a "neutral" rating on shares of National Bank of Canada in a report on Wednesday, March 5th. National Bankshares lowered National Bank of Canada from a "speculative buy" rating to an "underperform" rating in a research note on Friday, April 4th. Finally, Cormark downgraded National Bank of Canada from a "moderate buy" rating to a "hold" rating in a research report on Friday, February 21st. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold".
Check Out Our Latest Analysis on NTIOF
National Bank of Canada Trading Up 0.7%
The business has a fifty day moving average price of $83.45 and a 200 day moving average price of $89.05. The company has a market capitalization of $35.29 billion, a PE ratio of 11.49 and a beta of 1.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.76 and a current ratio of 0.76.
National Bank of Canada Cuts Dividend
The business also recently announced a dividend, which was paid on Thursday, May 1st. Investors of record on Tuesday, April 1st were issued a dividend of $0.7975 per share. The ex-dividend date was Monday, March 31st. This represents a dividend yield of 3.86%. National Bank of Canada's payout ratio is currently 40.05%.
About National Bank of Canada
(
Get Free Report)
National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.
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