Danske Bank A/S (OTCMKTS:DNKEY - Get Free Report) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 8,000 shares, a decline of 64.8% from the February 13th total of 22,700 shares. Based on an average daily volume of 92,200 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short.
Danske Bank A/S Trading Up 1.8 %
OTCMKTS DNKEY traded up $0.31 during trading on Monday, hitting $17.57. The stock had a trading volume of 13,092 shares, compared to its average volume of 43,162. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 7.47. The company has a market capitalization of $29.83 billion, a PE ratio of 8.78 and a beta of 0.88. The firm has a 50 day moving average price of $15.90 and a 200 day moving average price of $15.15. Danske Bank A/S has a twelve month low of $13.50 and a twelve month high of $17.85.
Danske Bank A/S (OTCMKTS:DNKEY - Get Free Report) last announced its quarterly earnings data on Friday, February 7th. The financial services provider reported $0.51 earnings per share for the quarter. Danske Bank A/S had a net margin of 41.90% and a return on equity of 13.35%. As a group, equities research analysts forecast that Danske Bank A/S will post 1.84 earnings per share for the current year.
Danske Bank A/S Increases Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th will be paid a $0.7642 dividend. This is a boost from Danske Bank A/S's previous dividend of $0.46. The ex-dividend date of this dividend is Monday, March 24th. Danske Bank A/S's dividend payout ratio (DPR) is presently 38.50%.
Analysts Set New Price Targets
Separately, Morgan Stanley restated an "overweight" rating on shares of Danske Bank A/S in a research report on Friday, March 7th.
Check Out Our Latest Stock Report on Danske Bank A/S
Danske Bank A/S Company Profile
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Get Free Report)
Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.
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