CaixaBank (OTCMKTS:CAIXY) Hits New 52-Week High – Here’s What Happened

Shares of CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) hit a new 52-week high on Wednesday . The stock traded as high as $3.67 and last traded at $3.65, with a volume of 39831 shares changing hands. The stock had previously closed at $3.60.

Wall Street Analysts Forecast Growth

CAIXY has been the topic of several recent research reports. Royal Bank Of Canada restated a “sector perform” rating on shares of CaixaBank in a research report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of CaixaBank in a report on Friday, August 8th. Finally, The Goldman Sachs Group upgraded shares of CaixaBank from a “sell” rating to a “hold” rating in a report on Wednesday, September 24th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

CaixaBank Stock Down 0.8%

The business has a 50 day moving average of $3.45 and a 200 day moving average of $3.13.

CaixaBank Company Profile

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.