National Bank of Canada Surpasses 50-Day Moving Average

Canadian financial institution National Bank of Canada (OTCMKTS:NTIOF) recently surpassed its 50-day moving average, trading as high as $161.40 and closing at $161.31 with a volume of 12,207 shares.

The stock's current ratio is 0.74, quick ratio is 0.74, and debt-to-equity ratio stands at 0.11. Market capitalization for National Bank of Canada is around $62.02 billion, with a PE ratio of 19.72 and P/E/G ratio of 1.46.

The company has received various analyst ratings in recent weeks. On May 13th, National Bank Financial downgraded shares from 'buy' to 'neutral', while Royal Bank Of Canada reaffirmed its 'sector perform' rating on June 16th. Desjardins also reiterated a 'buy' rating for the stock.