Bankinter (OTCMKTS:BKNIY) Shares Pass Below 200-Day Moving Average – What’s Next?

Shares of Bankinter, S.A. (OTCMKTS:BKNIY) crossed 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 trading hands.

Analyst Upgrades and Downgrades

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

Bankinter Trading Down 2.7 %

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

Bankinter Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd were paid 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.

About Bankinter

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.