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Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Hits New 52-Week High - Still a Buy?

Svenska Handelsbanken AB (publ) logo with Finance background

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $6.05 and last traded at $6.02, with a volume of 90920 shares traded. The stock had previously closed at $5.93.

Svenska Handelsbanken AB (publ) Stock Performance

The company has a debt-to-equity ratio of 0.15, a current ratio of 2.08 and a quick ratio of 2.08. The firm's 50-day moving average price is $5.37 and its 200-day moving average price is $5.15.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a return on equity of 13.86% and a net margin of 14.89%. Research analysts predict that Svenska Handelsbanken AB will post 0.5 earnings per share for the current fiscal year.

About Svenska Handelsbanken AB (publ)

(Get Free Report)

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.

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