Danske Bank (OTCMKTS:DNKEY - Get Free Report) fell 0.1% during mid-day trading on Tuesday . The stock 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.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on DNKEY. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Danske Bank in a research report on Tuesday, May 13th. Barclays raised Danske Bank from a "strong sell" rating to a "strong-buy" rating in a report on Monday, June 2nd. Finally, Citigroup reissued a "buy" rating on shares of Danske Bank in a report on Wednesday, May 21st. One investment analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy".
View Our Latest Research Report on Danske Bank
Danske Bank Stock Performance
The stock has a market cap of $34.24 billion, a P/E ratio of 10.15 and a beta of 0.77. The company has a fifty day moving average of $19.52 and a 200 day moving average of $17.18. 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.01). The company had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $13.86 billion. Danske Bank had a net margin of 42.15% and a return on equity of 13.52%. On average, equities analysts predict that Danske Bank will post 1.84 earnings per share for the current fiscal year.
About Danske Bank
(
Get Free Report)
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.
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