National Bank of Canada (OTCMKTS:NTIOF) Sets New 1-Year Low at $64.41

National Bank of Canada (OTCMKTS:NTIOF – Get Rating) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $64.41 and last traded at $64.41, with a volume of 3026 shares. The stock had previously closed at $67.40.

A number of analysts recently issued reports on NTIOF shares. National Bank Financial increased their price objective on National Bank of Canada from C$109.00 to C$110.00 in a report on Monday, February 28th. CIBC lifted their price target on National Bank of Canada from C$100.00 to C$102.00 in a research report on Tuesday, May 31st. Scotiabank decreased their price objective on shares of National Bank of Canada from C$108.00 to C$106.00 and set an “outperform” rating on the stock in a research report on Friday, May 20th. Desjardins dropped their target price on shares of National Bank of Canada from C$104.00 to C$103.00 and set a “hold” rating for the company in a research report on Tuesday, May 31st. Finally, Credit Suisse Group increased their price target on shares of National Bank of Canada from C$106.00 to C$111.00 in a report on Tuesday, May 31st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $106.27.

The business has a fifty day moving average price of $72.22 and a 200-day moving average price of $75.98. The company has a current ratio of 0.79, a quick ratio of 0.81 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $21.67 billion, a PE ratio of 8.70 and a beta of 1.12.

National Bank of Canada (OTCMKTS:NTIOF – Get Rating) last posted its quarterly earnings data on Friday, May 27th. The financial services provider reported $2.00 earnings per share (EPS) for the quarter. National Bank of Canada had a return on equity of 20.73% and a net margin of 29.61%. The firm had revenue of $1.92 billion during the quarter.

The company also recently disclosed a dividend, which will be paid on Monday, August 1st. Stockholders of record on Monday, June 27th will be issued a $0.721 dividend. This is a boost from National Bank of Canada’s previous dividend of $0.68. This represents a dividend yield of 4.37%. The ex-dividend date of this dividend is Friday, June 24th. National Bank of Canada’s dividend payout ratio is presently 35.48%.

National Bank of Canada Company Profile (OTCMKTS:NTIOF)

National Bank of Canada provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International.

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