Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as SEK 26.50 and last traded at SEK 26.20, with a volume of 18222 shares changing hands. The stock had previously closed at SEK 25.91.
Wall Street Analyst Weigh In
Separately, Barclays lowered Swedbank AB (publ) from a "hold" rating to a "strong sell" rating in a report on Monday, February 3rd.
Read Our Latest Stock Analysis on Swedbank AB (publ)
Swedbank AB (publ) Trading Up 1.1 %
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 stock has a market capitalization of $29.48 billion, a P/E ratio of 8.94, a P/E/G ratio of 0.93 and a beta of 0.93. The business's fifty day simple moving average is SEK 22.48 and its two-hundred day simple moving average is SEK 21.09.
Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) last released its earnings results on Thursday, January 23rd. The financial services provider reported SEK 0.70 earnings per share for the quarter. Swedbank AB (publ) had a net margin of 23.64% and a return on equity of 16.95%. As a group, analysts forecast that Swedbank AB will post 2.34 earnings per share for the current year.
Swedbank AB (publ) Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, April 14th. Stockholders of record on Friday, March 28th will be issued a dividend of $1.9773 per share. The ex-dividend date of this dividend is Friday, March 28th. This is a positive change from Swedbank AB (publ)'s previous dividend of $1.48. Swedbank AB (publ)'s dividend payout ratio (DPR) is presently 46.08%.
Swedbank AB (publ) Company Profile
(
Get Free Report)
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.
Further Reading
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