Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of SEK 20.91 and traded as high as SEK 23.77. Swedbank AB (publ) shares last traded at SEK 23.68, with a volume of 8,500 shares.
Wall Street Analysts Forecast Growth
Separately, Barclays cut shares of Swedbank AB (publ) from a "hold" rating to a "strong sell" rating in a report on Monday, February 3rd.
View Our Latest Stock Analysis on SWDBY
Swedbank AB (publ) Stock Down 2.2 %
The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.50 and a current ratio of 1.52. The company has a market capitalization of $26.70 billion, a P/E ratio of 8.10, a PEG ratio of 0.94 and a beta of 0.92. The stock has a 50 day moving average price of SEK 21.14 and a 200 day moving average price of SEK 20.66.
Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) last announced its quarterly 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 return on equity of 16.95% and a net margin of 23.64%. Equities research analysts forecast that Swedbank AB will post 2.3 earnings per share for the current fiscal year.
About Swedbank AB (publ)
(
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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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