National Australia Bank (OTCMKTS:NABZY) Share Price Crosses Above 200 Day Moving Average – What’s Next?

National Australia Bank Ltd. (OTCMKTS:NABZY) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.51 and traded as high as $13.98. National Australia Bank shares last traded at $13.88, with a volume of 164,529 shares changing hands.

Wall Street Analysts Forecast Growth

Several research firms recently commented on NABZY. The Goldman Sachs Group upgraded National Australia Bank to a “strong sell” rating in a research report on Wednesday, October 8th. National Bankshares began coverage on National Australia Bank in a research note on Wednesday, October 8th. They issued a “sell” rating and a $38.00 price objective for the company. Two analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, National Australia Bank currently has an average rating of “Sell” and a consensus target price of $38.00.

National Australia Bank Trading Down 0.6%

The company has a debt-to-equity ratio of 2.88, a quick ratio of 1.23 and a current ratio of 1.23. The business has a 50 day moving average price of $13.86 and a 200 day moving average price of $13.51.

National Australia Bank Company Profile

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