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

Skandinaviska logo with Finance background

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.

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