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DNB Bank ASA (OTCMKTS:DNBBY) Sets New 52-Week High - Here's What Happened

DNB Bank ASA logo with Finance background
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DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $25.81 and last traded at $25.80, with a volume of 39219 shares trading hands. The stock had previously closed at $25.45.

Analyst Ratings Changes

Several brokerages have commented on DNBBY. Barclays reissued an "overweight" rating on shares of DNB Bank ASA in a research report on Thursday, March 6th. Morgan Stanley reissued an "underweight" rating on shares of DNB Bank ASA in a report on Friday, March 7th.

View Our Latest Stock Report on DNBBY

DNB Bank ASA Stock Performance

The company has a debt-to-equity ratio of 3.57, a current ratio of 1.48 and a quick ratio of 1.42. The stock's 50-day moving average price is $22.45 and its 200-day moving average price is $21.18. The company has a market cap of $38.81 billion, a P/E ratio of 9.52, a PEG ratio of 8.45 and a beta of 1.32.

DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.12. DNB Bank ASA had a return on equity of 15.79% and a net margin of 20.70%. Equities analysts anticipate that DNB Bank ASA will post 2.43 EPS for the current year.

About DNB Bank ASA

(Get Free Report)

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards.

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