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Nordea Bank Abp (OTCMKTS:NRDBY) Trading Up 0.1% - Should You Buy?

Nordea Bank Abp logo with Finance background

Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report)'s share price shot up 0.1% on Friday . The company traded as high as $14.11 and last traded at $14.04. 301,974 shares were traded during mid-day trading, a decline of 31% from the average session volume of 440,392 shares. The stock had previously closed at $14.02.

Wall Street Analysts Forecast Growth

NRDBY has been the subject of several analyst reports. Barclays reaffirmed an "overweight" rating on shares of Nordea Bank Abp in a research report on Monday, February 3rd. Morgan Stanley reissued an "overweight" rating on shares of Nordea Bank Abp in a report on Friday, March 7th.

Check Out Our Latest Analysis on Nordea Bank Abp

Nordea Bank Abp Stock Up 0.1 %

The firm's 50 day simple moving average is $13.28 and its 200-day simple moving average is $12.26. The company has a market cap of $48.87 billion, a price-to-earnings ratio of 9.06, a P/E/G ratio of 0.88 and a beta of 0.72. The company has a debt-to-equity ratio of 6.03, a current ratio of 1.27 and a quick ratio of 1.29.

Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) last announced its earnings results on Wednesday, April 16th. The company reported $0.36 earnings per share (EPS) for the quarter. The firm had revenue of $3.13 billion during the quarter. Nordea Bank Abp had a return on equity of 16.29% and a net margin of 19.84%. As a group, sell-side analysts anticipate that Nordea Bank Abp will post 1.4 earnings per share for the current year.

About Nordea Bank Abp

(Get Free Report)

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.

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