Bankinter (OTCMKTS:BKNIY) Hits New 1-Year High – Here’s Why

Bankinter, S.A. (OTCMKTS:BKNIY)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $11.87 and last traded at $11.78, with a volume of 13488 shares traded. The stock had previously closed at $11.42.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Royal Bank of Canada raised shares of Bankinter to a “moderate buy” rating in a research note on Thursday, January 16th. Keefe, Bruyette & Woods cut shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 22nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Bankinter in a research report on Thursday, March 6th.

Bankinter Stock Down 3.3 %

The company has a market capitalization of $10.26 billion, a PE ratio of 10.19 and a beta of 0.73. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.52. The business has a fifty day moving average of $9.64 and a 200 day moving average of $8.73.

Bankinter (OTCMKTS:BKNIY) last posted its quarterly earnings data on Thursday, January 23rd. The bank reported $0.26 EPS for the quarter, beating 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 anticipate that Bankinter, S.A. will post 1 EPS for the current year.

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.