DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 1,600 shares, a drop of 88.6% from the November 30th total of 14,000 shares. Based on an average trading volume of 128,000 shares, the days-to-cover ratio is currently 0.0 days.
DNB Bank ASA Price Performance
OTCMKTS:DNBBY traded down $0.02 during trading hours on Thursday, reaching $19.90. 80,469 shares of the company were exchanged, compared to its average volume of 69,136. The firm has a market cap of $29.70 billion, a PE ratio of 7.83, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. The stock's 50-day moving average is $20.65 and its 200-day moving average is $20.37. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 3.49. DNB Bank ASA has a twelve month low of $17.40 and a twelve month high of $22.07.
DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.12. The company had revenue of $2.14 billion for the quarter. DNB Bank ASA had a return on equity of 14.70% and a net margin of 19.22%. On average, sell-side analysts anticipate that DNB Bank ASA will post 2.52 earnings per share for the current fiscal year.
Analyst Ratings Changes
Separately, Citigroup upgraded shares of DNB Bank ASA to a "hold" rating in a research report on Friday, October 11th.
Check Out Our Latest Analysis on DNB Bank ASA
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.
Further Reading
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