Nordea Bank Abp (OTCMKTS:NRDBY) Sets New 1-Year High - Still a Buy?

Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $12.88 and last traded at $12.87, with a volume of 202210 shares traded. The stock had previously closed at $12.52.

Nordea Bank Abp Price Performance

The company has a debt-to-equity ratio of 6.03, a current ratio of 1.27 and a quick ratio of 1.29. The firm has a 50-day moving average of $11.68 and a 200-day moving average of $11.60. The stock has a market cap of $45.75 billion, a PE ratio of 8.44, a PEG ratio of 0.88 and a beta of 0.92.

Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The company reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.02. Nordea Bank Abp had a return on equity of 16.29% and a net margin of 19.84%. Research analysts predict that Nordea Bank Abp will post 1.4 EPS for the current year.

Nordea Bank Abp Company Profile

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.