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Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Hits New 12-Month High - What's Next?

Skandinaviska Enskilda Banken AB (publ) logo with Finance background

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $18.10 and last traded at $17.74, with a volume of 498 shares changing hands. The stock had previously closed at $16.90.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Citigroup reaffirmed a "neutral" rating on shares of Skandinaviska Enskilda Banken AB (publ) in a report on Wednesday, May 21st. Barclays raised shares of Skandinaviska Enskilda Banken AB (publ) from a "strong sell" rating to a "strong-buy" rating in a report on Monday, June 2nd.

Check Out Our Latest Stock Report on Skandinaviska Enskilda Banken AB (publ)

Skandinaviska Enskilda Banken AB (publ) Price Performance

The company has a current ratio of 1.53, a quick ratio of 1.44 and a debt-to-equity ratio of 3.89. The company has a market capitalization of $36.13 billion, a price-to-earnings ratio of 10.82 and a beta of 0.44. The firm's 50 day simple moving average is $16.13 and its 200-day simple moving average is $15.31.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.02). The firm had revenue of $1.97 billion during the quarter, compared to analyst estimates of $18.93 billion. Skandinaviska Enskilda Banken AB (publ) had a net margin of 19.29% and a return on equity of 16.21%.

Skandinaviska Enskilda Banken AB (publ) Company Profile

(Get Free Report)

Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. The company operates through Large Corporates & Financial Institutions, Corporate & Private Customers, Private Wealth Management & Family Office, Baltic, Life, and Investment Management divisions.

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