Bankinter (OTCMKTS:BKNIY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Thursday.

According to Zacks, “Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Their products range from: Current Accounts, Term Deposits, Investment Funds, Pension Plans, Model Portfolios,Insurance Credit and Debit Cards, Assets (Mortgage and pledged loans) and Deposits of Securities. “

Separately, Goldman Sachs Group upgraded Bankinter from a “sell” rating to a “neutral” rating in a research note on Wednesday, September 6th.

Bankinter (BKNIY) traded up $0.58 during mid-day trading on Thursday, hitting $9.90. The stock had a trading volume of 3,036 shares, compared to its average volume of 125. Bankinter has a 52-week low of $7.66 and a 52-week high of $9.82. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.83. The stock has a market capitalization of $8,808.89, a PE ratio of 17.37, a P/E/G ratio of 3.23 and a beta of 1.30.

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About Bankinter

Bankinter SA is a Spain-based financial institution (the Bank) primarily engaged in the banking sector. The Bank’s activities are divided into four business segments: Commercial banking, which offers current accounts, fixed-term deposits, investment management and advisory, as well as mortgage loans, among others, to individual customers; Corporate banking, which provides financial services to small and medium-sized companies, corporations and government bodies; Consumer finance, which focuses on personal loans and credit card services through Bankinter Consumer Finance EFC, and Other, which includes online savings accounts, among others.

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