National Australia Bank (OTCMKTS:NABZY) Stock Price Passes Above Two Hundred Day Moving Average of $10.21

National Australia Bank Limited (OTCMKTS:NABZYGet Rating) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.21 and traded as high as $10.61. National Australia Bank shares last traded at $10.60, with a volume of 38,753 shares.

Analysts Set New Price Targets

Several research firms recently issued reports on NABZY. The Goldman Sachs Group cut shares of National Australia Bank from a “conviction-buy” rating to a “buy” rating in a report on Sunday, July 31st. Macquarie raised shares of National Australia Bank from a “neutral” rating to an “outperform” rating in a report on Friday, October 14th. Finally, Jefferies Financial Group cut shares of National Australia Bank from a “hold” rating to an “underperform” rating in a report on Thursday, November 10th.

National Australia Bank Price Performance

The stock’s fifty day simple moving average is $10.02 and its 200-day simple moving average is $10.21.

National Australia Bank Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, December 21st. Stockholders of record on Monday, November 21st will be paid a dividend of $0.2429 per share. The ex-dividend date of this dividend is Friday, November 18th. This represents a dividend yield of 4.53%.

About National Australia Bank

(Get Rating)

National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally. It operates through Business and Private Banking, Personal Banking, Corporate and Institutional Banking, and New Zealand Banking segments. It operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments.

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