DNB Bank ASA (OTCMKTS:DNBBY) Stock Price Down 3.5% - Should You Sell?

DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report)'s share price was down 3.5% during trading on Friday . The company traded as low as $20.29 and last traded at $20.39. Approximately 68,721 shares were traded during trading, an increase of 1% from the average daily volume of 67,952 shares. The stock had previously closed at $21.12.

Wall Street Analyst Weigh In

Separately, Citigroup raised shares of DNB Bank ASA to a "hold" rating in a report on Friday, October 11th.

DNB Bank ASA Trading Down 3.5 %

The business has a 50 day moving average price of $20.72 and a 200 day moving average price of $20.28. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 3.49.

DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.61 by $0.12. The business 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, research analysts predict that DNB Bank ASA will post 2.52 EPS for the current fiscal year.

About DNB Bank ASA

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.