Intesa Sanpaolo (OTCMKTS:ISNPY) Trading Down 1.9% – Here’s Why

Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY)’s stock price dropped 1.9% during trading on Thursday . The company traded as low as $23.59 and last traded at $23.70. Approximately 154,649 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 168,910 shares. The stock had previously closed at $24.15.

Intesa Sanpaolo Stock Performance

The company has a fifty day moving average of $24.35 and a two-hundred day moving average of $24.25. The stock has a market capitalization of $70.89 billion, a P/E ratio of 9.67, a price-to-earnings-growth ratio of 0.79 and a beta of 1.14. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.18 and a quick ratio of 1.17.

Intesa Sanpaolo Company Profile

Intesa Sanpaolo S.p.A. provides various financial products and services primarily in Italy. It operates through six segments: Banca dei Territori, IMI Corporate & Investment Banking, International Subsidiary Banks, Asset Management, Private Banking, and Insurance. The company offers lending and deposit products; private and commercial banking, corporate and transaction banking, structured finance, investment banking, public finance, and capital markets; industrial credit, leasing, and factoring; asset management; life and non-life insurance and pension products; asset and wealth management; private investments; and bancassurance products.