Bankinter (OTCMKTS:BKNIY) Shares Cross Above 200-Day Moving Average – Should You Sell?

Bankinter, S.A. (OTCMKTS:BKNIY) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.44 and traded as high as $10.03. Bankinter shares last traded at $9.95, with a volume of 8,963 shares traded.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in 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 lowered shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 22nd.

Bankinter Price Performance

The company’s 50-day simple moving average is $8.51 and its 200 day simple moving average is $8.44. 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 earnings results on Thursday, January 23rd. The bank reported $0.26 EPS for the quarter, topping the consensus estimate 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 analysts forecast that Bankinter, S.A. will post 1 EPS for the current fiscal year.

Bankinter Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were paid a dividend of $0.2514 per share. This is a positive change from Bankinter’s previous dividend of $0.10. The ex-dividend date was Tuesday, December 3rd. Bankinter’s dividend payout ratio is presently 89.29%.

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.