Free Trial

SKANDINAVISKA (OTCMKTS:SVKEF) Shares Gap Down - Should You Sell?

Skandinaviska logo with Finance background

SKANDINAVISKA (OTCMKTS:SVKEF - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $18.66, but opened at $17.50. SKANDINAVISKA shares last traded at $17.50, with a volume of 300 shares.

Wall Street Analyst Weigh In

SVKEF has been the subject of a number of recent research reports. Barclays raised SKANDINAVISKA from a "strong sell" rating to a "strong-buy" rating in a report on Monday, June 2nd. Citigroup restated a "neutral" rating on shares of SKANDINAVISKA in a research note on Wednesday, May 21st.

Check Out Our Latest Research Report on SVKEF

SKANDINAVISKA Stock Performance

The business has a 50 day moving average price of $17.29 and a two-hundred day moving average price of $15.75. The stock has a market cap of $35.65 billion, a PE ratio of 11.22 and a beta of 0.46.

SKANDINAVISKA (OTCMKTS:SVKEF - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The financial services provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.02). SKANDINAVISKA had a net margin of 19.05% and a return on equity of 15.14%. The firm had revenue of $1.97 billion during the quarter, compared to analysts' expectations of $18.93 billion.

About SKANDINAVISKA

(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.

Further Reading

Should You Invest $1,000 in SKANDINAVISKA Right Now?

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

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines