Bankinter (OTCMKTS:BKNIY) Upgraded by Royal Bank of Canada to “Moderate Buy” Rating

Royal Bank of Canada upgraded shares of Bankinter (OTCMKTS:BKNIY) to a moderate buy rating in a research note released on Thursday,Zacks.com reports.

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

Bankinter Stock Performance

Shares of BKNIY stock opened at $8.37 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.52. The stock has a 50-day simple moving average of $7.97 and a 200 day simple moving average of $8.32. Bankinter has a fifty-two week low of $5.81 and a fifty-two week high of $9.25.

Bankinter Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd were given a dividend of $0.2514 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This is a positive change from Bankinter’s previous dividend of $0.10. Bankinter’s payout ratio is 96.15%.

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.