CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY – Get Free Report) saw unusually-strong trading volume on Thursday. Approximately 1,367,966 shares changed hands during mid-day trading, an increase of 227% from the average daily volume of 418,236 shares. The stock last traded at $4.4760 and had previously closed at $4.57.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on CAIXY shares. UBS Group upgraded CaixaBank from a “hold” rating to a “buy” rating in a research report on Wednesday, September 23rd. Keefe, Bruyette & Woods cut CaixaBank from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 17th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of CaixaBank in a report on Tuesday, August 4th. Finally, Citigroup reaffirmed a “buy” rating on shares of CaixaBank in a research report on Monday, October 5th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.
Read Our Latest Report on CaixaBank
CaixaBank Stock Performance
The firm’s 50 day simple moving average is $4.67 and its 200 day simple moving average is $4.44.
CaixaBank Company Profile
CaixaBank, SA is a Spanish financial services group that provides banking and related financial products to individuals, businesses, institutions and public-sector customers. Its services include current and savings accounts, consumer and residential lending, credit and debit cards, payment solutions, mortgages, corporate financing and investment banking.
The company also operates through businesses covering wealth management, asset management, insurance and pension products. CaixaBank distributes many of these services through a combination of branches, digital banking channels and specialized platforms, serving customers primarily in Spain and, through its Banco BPI subsidiary, in Portugal.
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