Bankinter (OTCMKTS:BKNIY) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Bankinter, S.A. (OTCMKTS:BKNIY) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.38 and traded as high as $9.25. Bankinter shares last traded at $9.21, with a volume of 8,279 shares changing hands.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Royal Bank of Canada raised Bankinter to a “moderate buy” rating in a research note on Thursday, January 16th. Keefe, Bruyette & Woods cut shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 22nd.

Bankinter Stock Performance

The company’s 50-day moving average is $8.23 and its 200-day moving average is $8.38. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.04 and a quick ratio of 1.04.

Bankinter (OTCMKTS:BKNIY) last released its quarterly earnings data on Thursday, January 23rd. The bank reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. Bankinter had a return on equity of 16.74% and a net margin of 18.98%. As a group, equities research analysts anticipate that Bankinter, S.A. will post 0.99 EPS for the current year.

Bankinter Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were given a dividend of $0.2514 per share. This is a boost from Bankinter’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, December 3rd. Bankinter’s payout ratio is 89.29%.

Bankinter Company Profile

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.