Bankinter (OTCMKTS:BKNIY) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Bankinter SA (OTCMKTS:BKNIY) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.83 and traded as high as $17.20. Bankinter shares last traded at $17.08, with a volume of 52,542 shares traded.

Analysts Set New Price Targets

Several brokerages recently issued reports on BKNIY. Keefe, Bruyette & Woods upgraded Bankinter from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, December 16th. Zacks Research cut Bankinter from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Barclays raised Bankinter from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 21st. Finally, The Goldman Sachs Group downgraded Bankinter from a “hold” rating to a “sell” rating in a research note on Thursday, December 4th. Six investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce”.

Bankinter Stock Performance

The stock has a fifty day simple moving average of $16.73 and a two-hundred day simple moving average of $15.83. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.62.

Bankinter (OTCMKTS:BKNIY) last announced its quarterly earnings data on Thursday, January 22nd. The bank reported $0.35 earnings per share for the quarter, hitting the consensus estimate of $0.35. The business had revenue of $919.37 million during the quarter, compared to the consensus estimate of $922.16 million. Bankinter had a return on equity of 17.47% and a net margin of 23.00%. On average, analysts forecast that Bankinter SA will post 1 earnings per share for the current year.

Bankinter Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 12th. Stockholders of record on Tuesday, December 2nd were issued a $0.231 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a dividend yield of 279.0%. Bankinter’s dividend payout ratio is 34.81%.

Bankinter Company Profile

Bankinter, SA (OTCMKTS: BKNIY) is a Spanish commercial bank headquartered in Madrid. Founded in 1965 as Banco Intercontinental Español, it has grown into one of the country’s leading financial institutions, serving both individual and corporate clients. The bank is publicly traded on the Bolsa de Madrid and operates under a universal banking model, combining traditional branch networks with advanced digital platforms.

In its retail banking segment, Bankinter offers a broad array of deposit accounts, consumer loans, mortgages and credit cards, alongside digital banking services designed to simplify everyday transactions.