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DNB Bank ASA (OTCMKTS:DNBBY) Upgraded to Hold at Citigroup

DNB Bank ASA logo with Financial Services background

Citigroup upgraded shares of DNB Bank ASA (OTCMKTS:DNBBY - Free Report) to a hold rating in a report issued on Friday morning, Zacks.com reports.

DNB Bank ASA Trading Down 1.5 %

OTCMKTS:DNBBY traded down $0.30 on Friday, reaching $20.27. 28,811 shares of the stock traded hands, compared to its average volume of 70,681. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 3.37. DNB Bank ASA has a 1-year low of $17.40 and a 1-year high of $21.58. The company's 50 day moving average is $20.53 and its 200-day moving average is $19.86. The firm has a market capitalization of $31.43 billion, a price-to-earnings ratio of 8.38, a price-to-earnings-growth ratio of 1.51 and a beta of 1.30.

DNB Bank ASA Company Profile

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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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