Shares of Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as SEK 24.30 and last traded at SEK 24.27, with a volume of 28189 shares changing hands. The stock had previously closed at SEK 23.68.
Wall Street Analyst Weigh In
Separately, Barclays lowered Swedbank AB (publ) from a "hold" rating to a "strong sell" rating in a research report on Monday, February 3rd.
View Our Latest Report on SWDBY
Swedbank AB (publ) Stock Performance
The company has a current ratio of 1.52, a quick ratio of 1.50 and a debt-to-equity ratio of 3.63. The firm has a market capitalization of $26.86 billion, a price-to-earnings ratio of 8.12, a price-to-earnings-growth ratio of 0.93 and a beta of 0.92. The company has a 50-day moving average of SEK 21.36 and a 200-day moving average of SEK 20.73.
Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The financial services provider reported SEK 0.70 EPS for the quarter. Swedbank AB (publ) had a return on equity of 16.95% and a net margin of 23.64%. On average, equities research analysts forecast that Swedbank AB will post 2.34 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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