CaixaBank (OTCMKTS:CAIXY) Share Price Crosses Below 200-Day Moving Average – What’s Next?

CaixaBank, S.A. (OTCMKTS:CAIXY)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.91 and traded as low as $1.75. CaixaBank shares last traded at $1.78, with a volume of 411,550 shares trading hands.

Wall Street Analyst Weigh In

Separately, Barclays lowered shares of CaixaBank from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 21st.

CaixaBank Trading Up 2.3 %

The business has a 50-day moving average price of $1.92 and a 200 day moving average price of $1.91.

CaixaBank Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Tuesday, November 12th were issued a $0.0328 dividend. The ex-dividend date was Tuesday, November 12th.

About CaixaBank

CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.