Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 1,300 shares, a decline of 98.2% from the February 28th total of 73,000 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 193,200 shares, the days-to-cover ratio is currently 0.0 days.
Svenska Handelsbanken AB (publ) Price Performance
SVNLY stock traded down $0.81 during midday trading on Friday, reaching $5.70. The company had a trading volume of 123,279 shares, compared to its average volume of 109,712. The firm has a 50-day moving average price of $6.08 and a 200-day moving average price of $5.44. The company has a market capitalization of $22.57 billion, a P/E ratio of 8.77, a P/E/G ratio of 1.94 and a beta of 0.87. Svenska Handelsbanken AB has a 1 year low of $4.24 and a 1 year high of $6.70. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.17 and a quick ratio of 2.08.
Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a return on equity of 13.62% and a net margin of 14.89%. On average, research analysts anticipate that Svenska Handelsbanken AB will post 0.54 earnings per share for the current fiscal year.
Svenska Handelsbanken AB (publ) Increases Dividend
The company also recently announced a dividend, which will be paid on Thursday, April 17th. Investors of record on Friday, March 28th will be given a $0.7123 dividend. This is an increase from Svenska Handelsbanken AB (publ)'s previous dividend of $0.63. The ex-dividend date is Friday, March 28th. Svenska Handelsbanken AB (publ)'s payout ratio is presently 90.77%.
About Svenska Handelsbanken AB (publ)
(
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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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