CaixaBank (OTCMKTS:CAIXY) Stock Crosses Below Fifty Day Moving Average of $1.02

CaixaBank, S.A. (OTCMKTS:CAIXY)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $1.02 and traded as low as $0.97. CaixaBank shares last traded at $0.98, with a volume of 105,033 shares.

CAIXY has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reissued a “neutral” rating on shares of CaixaBank in a research report on Wednesday, August 18th. Barclays reissued an “overweight” rating on shares of CaixaBank in a research report on Tuesday, August 3rd. Societe Generale reissued a “buy” rating on shares of CaixaBank in a research report on Monday, August 2nd. Finally, Morgan Stanley reissued an “overweight” rating on shares of CaixaBank in a research report on Friday, August 6th. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

The business has a 50-day moving average of $1.02 and a 200-day moving average of $1.03.

CaixaBank Company Profile (OTCMKTS:CAIXY)

CaixaBank SA is an integrated financial group, which provides banking and insurance services. The firm offers banking business, insurance, pension and investment fund activities, as well as holdings in international banks. It operates through the following segments: Banking & Insurance, Equity Investments, and BPI.

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