Shares of Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of SEK 23.84 and traded as low as SEK 20.70. Swedbank AB (publ) shares last traded at SEK 21.02, with a volume of 57,600 shares traded.
Analyst Ratings Changes
SWDBY has been the topic of a number of research reports. Citigroup downgraded shares of Swedbank AB (publ) from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 31st. Hsbc Global Res downgraded Swedbank AB (publ) from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Finally, Barclays cut shares of Swedbank AB (publ) from a "hold" rating to a "strong sell" rating in a research report on Monday, February 3rd.
Check Out Our Latest Stock Analysis on SWDBY
Swedbank AB (publ) Trading Up 1.3 %
The firm has a market cap of $25.21 billion, a price-to-earnings ratio of 7.65, a P/E/G ratio of 0.93 and a beta of 0.78. The business has a 50-day moving average of SEK 23.84 and a 200-day moving average of SEK 21.53. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.52 and a quick ratio of 1.50.
Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) last issued its earnings results on Thursday, January 23rd. The financial services provider reported SEK 0.70 earnings per share (EPS) for the quarter. Swedbank AB (publ) had a net margin of 23.64% and a return on equity of 16.95%. Research analysts anticipate that Swedbank AB will post 2.34 EPS for the current year.
Swedbank AB (publ) Increases Dividend
The company also recently disclosed a dividend, which was paid on Monday, April 14th. Shareholders of record on Friday, March 28th were given a dividend of $1.9773 per share. This is a boost from Swedbank AB (publ)'s previous dividend of $1.48. The ex-dividend date was Friday, March 28th. Swedbank AB (publ)'s dividend payout ratio (DPR) is presently 68.94%.
About Swedbank AB (publ)
(
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.
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