Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report)'s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.10 and traded as high as $5.24. Svenska Handelsbanken AB (publ) shares last traded at $5.04, with a volume of 50,024 shares traded.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group raised Svenska Handelsbanken AB (publ) to a "strong sell" rating in a research note on Friday, September 27th.
View Our Latest Analysis on Svenska Handelsbanken AB (publ)
Svenska Handelsbanken AB (publ) Stock Performance
The firm has a market cap of $19.96 billion, a P/E ratio of 7.64, a P/E/G ratio of 1.38 and a beta of 0.84. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.08 and a current ratio of 2.08. The business's 50-day simple moving average is $5.10 and its 200 day simple moving average is $4.98.
Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01. The company had revenue of $1.45 billion during the quarter. Svenska Handelsbanken AB (publ) had a net margin of 14.66% and a return on equity of 13.65%. As a group, equities analysts predict that Svenska Handelsbanken AB will post 0.64 earnings per share for the current year.
Svenska Handelsbanken AB (publ) Company Profile
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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.
Further Reading
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