Shares of Skandinaviska (OTCMKTS:SVKEF - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $18.65 and last traded at $18.65, with a volume of 259 shares trading hands. The stock had previously closed at $17.38.
Analyst Ratings Changes
A number of research firms recently commented on SVKEF. Citigroup reaffirmed a "neutral" rating on shares of Skandinaviska in a research note on Wednesday, May 21st. Barclays upgraded shares of Skandinaviska from a "strong sell" rating to a "strong-buy" rating in a research report on Monday, June 2nd.
View Our Latest Analysis on SVKEF
Skandinaviska Stock Performance
The stock has a fifty day simple moving average of $16.61 and a two-hundred day simple moving average of $15.48. The company has a debt-to-equity ratio of 3.89, a quick ratio of 1.44 and a current ratio of 1.53. The stock has a market cap of $38.00 billion, a price-to-earnings ratio of 11.96 and a beta of 0.44.
Skandinaviska (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 for the quarter, missing the consensus estimate of $0.38 by ($0.02). The business had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $18.93 billion. Skandinaviska had a return on equity of 15.14% and a net margin of 19.05%.
Skandinaviska 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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider SKANDINAVISKA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SKANDINAVISKA wasn't on the list.
While SKANDINAVISKA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.