National Australia Bank Ltd. (OTCMKTS:NABZY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Friday.

According to Zacks, “National Australia Bank is an international financial services group providing a comprehensive and integrated range of financial services. “

National Australia Bank (OTCMKTS:NABZY) traded down 0.09% during mid-day trading on Friday, reaching $10.53. 18,009 shares of the company traded hands. National Australia Bank has a 52 week low of $8.59 and a 52 week high of $11.97. The firm has a market capitalization of $54.45 billion, a price-to-earnings ratio of 62.49 and a beta of 1.43. The stock’s 50 day moving average price is $10.42 and its 200 day moving average price is $10.03.

National Australia Bank Company Profile

National Australia Bank (NAB) is a financial services organization serving the customers in Australasia. The Company offers banking and financial services ranging from private wealth, investment advisory, to business and institutional banking. The Company’s business segments include Australian Banking; NAB Wealth and NZ Banking.

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