Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 18,800 shares, a decline of 56.9% from the November 30th total of 43,600 shares. Based on an average daily volume of 87,900 shares, the short-interest ratio is currently 0.2 days.
Swedbank AB (publ) Stock Performance
OTCMKTS SWDBY traded up SEK 0.15 on Friday, reaching SEK 19.82. The stock had a trading volume of 37,200 shares, compared to its average volume of 20,369. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.50 and a quick ratio of 1.50. The company has a market cap of $22.44 billion, a P/E ratio of 6.79, a price-to-earnings-growth ratio of 0.69 and a beta of 0.92. The firm has a fifty day moving average of SEK 19.90 and a two-hundred day moving average of SEK 20.42. Swedbank AB has a 1-year low of SEK 18.52 and a 1-year high of SEK 22.84.
Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported SEK 0.80 EPS for the quarter, topping analysts' consensus estimates of SEK 0.68 by SEK 0.12. The business had revenue of SEK 3.37 billion for the quarter. Swedbank AB (publ) had a net margin of 25.27% and a return on equity of 17.38%. On average, equities research analysts anticipate that Swedbank AB will post 2.65 EPS for the current year.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded shares of Swedbank AB (publ) to a "hold" rating in a research report on Friday, September 27th.
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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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