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

Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) shot up 0.1% during mid-day trading on Friday . The company traded as high as $14.11 and last traded at $14.04. 301,974 shares traded hands 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.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NRDBY. Morgan Stanley reiterated an "overweight" rating on shares of Nordea Bank Abp in a report on Friday, March 7th. Barclays reiterated an "overweight" rating on shares of Nordea Bank Abp in a report on Monday, February 3rd.

Nordea Bank Abp Trading Up 0.8%

The business's fifty day moving average is $13.27 and its 200-day moving average is $12.31. The firm has a market cap of $49.04 billion, a P/E ratio of 9.09, a price-to-earnings-growth ratio of 0.88 and a beta of 0.72. The company has a debt-to-equity ratio of 6.03, a quick ratio of 1.29 and a current ratio of 1.27.

Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The company reported $0.36 earnings per share (EPS) for the quarter. The business had revenue of $3.13 billion during the quarter. Nordea Bank Abp had a net margin of 19.84% and a return on equity of 16.29%. Analysts predict that Nordea Bank Abp will post 1.4 EPS for the current year.

Nordea Bank Abp Company Profile

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.