CAIXABANK/ADR (OTCMKTS:CAIXY) Stock Price Crosses Below Fifty Day Moving Average of $0.78

CAIXABANK/ADR (OTCMKTS:CAIXY) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.78 and traded as low as $0.83. CAIXABANK/ADR shares last traded at $0.84, with a volume of 42,600 shares traded.

Several brokerages have recently commented on CAIXY. HSBC raised CAIXABANK/ADR from a “hold” rating to a “buy” rating in a report on Thursday, August 22nd. Societe Generale downgraded CAIXABANK/ADR from a “buy” rating to a “hold” rating in a report on Monday, July 29th. Finally, UBS Group reissued a “neutral” rating on shares of CAIXABANK/ADR in a report on Thursday, July 18th.

The firm has a fifty day moving average price of $0.79 and a 200 day moving average price of $0.90.

CAIXABANK/ADR Company Profile (OTCMKTS:CAIXY)

CaixaBank, SA, together with its subsidiaries, provides banking and financial products and services in Spain and internationally. The company operates through Banking and Insurance, and Non-Core Real Estate Activity segments. The Banking and Insurance segment engages in the banking business that include retail banking, corporate and institutional, and cash management, and market service activities; insurance business; and asset management business.

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