Danske Bank (OTCMKTS:DNKEY) Shares Down 0.1% - Should You Sell?

Danske Bank (OTCMKTS:DNKEY - Get Free Report)'s share price traded down 0.1% on Tuesday . The company traded as low as $20.44 and last traded at $20.50. 13,420 shares changed hands during trading, a decline of 18% from the average session volume of 16,462 shares. The stock had previously closed at $20.53.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Barclays raised shares of Danske Bank from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, June 2nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Danske Bank in a research note on Tuesday, May 13th. Finally, Citigroup reissued a "buy" rating on shares of Danske Bank in a research note on Wednesday, May 21st. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy".

Danske Bank Stock Down 0.1%

The stock's 50 day simple moving average is $19.58 and its two-hundred day simple moving average is $17.20. The firm has a market cap of $34.84 billion, a P/E ratio of 10.33 and a beta of 0.77. The company has a debt-to-equity ratio of 8.08, a current ratio of 1.79 and a quick ratio of 1.79.

Danske Bank (OTCMKTS:DNKEY - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The financial services provider reported $0.49 EPS for the quarter, missing analysts' consensus estimates of $0.50 by ($0.01). Danske Bank had a net margin of 42.15% and a return on equity of 13.52%. The firm had revenue of $2.12 billion for the quarter, compared to analysts' expectations of $13.86 billion. As a group, research analysts forecast that Danske Bank will post 1.84 earnings per share for the current year.

Danske Bank Company Profile

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.