DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) shares were up 2% during trading on Monday . The company traded as high as $25.68 and last traded at $25.63. Approximately 38,686 shares traded hands during trading, a decline of 13% from the average daily volume of 44,570 shares. The stock had previously closed at $25.13.
Analyst Upgrades and Downgrades
A number of analysts recently commented on DNBBY shares. Barclays downgraded DNB Bank ASA from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 2nd. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of DNB Bank ASA in a report on Tuesday, May 13th. Finally, Citigroup reissued a "neutral" rating on shares of DNB Bank ASA in a report on Wednesday, May 21st.
Check Out Our Latest Analysis on DNBBY
DNB Bank ASA Stock Down 0.3%
The stock has a fifty day moving average price of $26.77 and a 200 day moving average price of $25.06. The company has a debt-to-equity ratio of 3.74, a current ratio of 1.47 and a quick ratio of 1.47. The stock has a market capitalization of $39.63 billion, a P/E ratio of 9.23 and a beta of 0.97.
DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) last posted its earnings results on Friday, July 11th. The company reported $0.66 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by ($0.04). DNB Bank ASA had a return on equity of 15.72% and a net margin of 21.24%. The firm had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $23.05 billion. On average, research analysts forecast that DNB Bank ASA will post 2.43 earnings per share for the current year.
About DNB Bank ASA
(
Get Free Report)
DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards.
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