Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) shares shot up 1.4% during mid-day trading on Friday . The company traded as high as $11.44 and last traded at $11.39. 372,213 shares traded hands during trading, an increase of 141% from the average session volume of 154,400 shares. The stock had previously closed at $11.23.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group raised Nordea Bank Abp to a "strong-buy" rating in a research report on Friday, September 27th.
Read Our Latest Stock Report on Nordea Bank Abp
Nordea Bank Abp Trading Up 1.4 %
The stock has a market cap of $39.93 billion, a price-to-earnings ratio of 7.40, a PEG ratio of 0.70 and a beta of 0.94. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 6.23. The business has a 50-day moving average of $11.67 and a 200-day moving average of $11.81.
Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) last announced its quarterly earnings results on Thursday, October 17th. The company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.06. Nordea Bank Abp had a return on equity of 16.41% and a net margin of 19.28%. The company had revenue of $3.31 billion during the quarter. As a group, research analysts forecast that Nordea Bank Abp will post 1.52 earnings per share for the current year.
Nordea Bank Abp Company Profile
(
Get Free Report)
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.
Further Reading
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