Bankinter (OTCMKTS:BKNIY) Shares Cross Above 200 Day Moving Average – What’s Next?

Shares of Bankinter, S.A. (OTCMKTS:BKNIY) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.62 and traded as high as $11.25. Bankinter shares last traded at $11.12, with a volume of 17,992 shares changing hands.

Wall Street Analyst Weigh In

BKNIY has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bankinter in a research report on Thursday, March 6th. Royal Bank of Canada raised Bankinter to a “moderate buy” rating in a report on Thursday, January 16th. Finally, Keefe, Bruyette & Woods lowered Bankinter from a “hold” rating to a “moderate sell” rating in a report on Friday, November 22nd.

Bankinter Price Performance

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 company has a market capitalization of $9.81 billion, a price-to-earnings ratio of 9.74 and a beta of 0.73. The stock’s 50-day simple moving average is $9.29 and its two-hundred day simple moving average is $8.65.

Bankinter (OTCMKTS:BKNIY) last released its quarterly earnings results on Thursday, January 23rd. The bank reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.08. Bankinter had a net margin of 18.98% and a return on equity of 16.74%. Equities research analysts predict that Bankinter, S.A. will post 1 earnings per share for the current year.

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.