Skandinaviska (OTCMKTS:SVKEF - Get Free Report) gapped down prior to trading 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 trading hands.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Citigroup reissued a "neutral" rating on shares of Skandinaviska in a report on Wednesday, May 21st. Barclays upgraded shares of Skandinaviska from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, June 2nd.
Check Out Our Latest Analysis on Skandinaviska
Skandinaviska Trading Down 6.2%
The firm has a fifty day simple moving average of $17.25 and a 200 day simple moving average of $15.74. The stock has a market cap of $35.65 billion, a price-to-earnings ratio of 11.22 and a beta of 0.46.
Skandinaviska (OTCMKTS:SVKEF - Get Free Report) last posted its quarterly earnings results 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). The firm had revenue of $1.97 billion during the quarter, compared to analyst estimates of $18.93 billion. Skandinaviska had a net margin of 19.05% and a return on equity of 15.14%.
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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