Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report)'s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of SEK 20.75 and traded as low as SEK 20.36. Swedbank AB (publ) shares last traded at SEK 20.44, with a volume of 12,700 shares changing hands.
Analyst Ratings Changes
Separately, The Goldman Sachs Group raised shares of Swedbank AB (publ) to a "hold" rating in a research note on Friday, September 27th.
Get Our Latest Analysis on SWDBY
Swedbank AB (publ) Price Performance
The stock has a market capitalization of $23.14 billion, a P/E ratio of 7.00, a price-to-earnings-growth ratio of 0.71 and a beta of 0.93. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 4.52. The business's 50 day simple moving average is SEK 20.75 and its two-hundred day simple moving average is SEK 20.48.
Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported SEK 0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of SEK 0.68 by SEK 0.12. The firm had revenue of SEK 3.37 billion for the quarter. Swedbank AB (publ) had a net margin of 25.27% and a return on equity of 17.72%. As a group, sell-side analysts forecast that Swedbank AB will post 2.62 earnings per share for the current fiscal year.
Swedbank AB (publ) Company Profile
(
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Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through three business areas: Swedish Banking, Baltic Banking, and Corporates and Institutions.
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