Bankinter (OTCMKTS:BKNIY) Share Price Passes Below 200 Day Moving Average – Should You Sell?

Bankinter, S.A. (OTCMKTS:BKNIYGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $8.43 and traded as low as $7.83. Bankinter shares last traded at $7.89, with a volume of 8,626 shares traded.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods lowered Bankinter from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 22nd.

Read Our Latest Stock Analysis on Bankinter

Bankinter Stock Performance

The business’s 50 day simple moving average is $8.14 and its 200 day simple moving average is $8.43.

Bankinter Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were paid a $0.2514 dividend. This is a positive change from Bankinter’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, December 3rd.

About Bankinter

(Get Free Report)

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.

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