Skandinaviska (OTCMKTS:SVKEF - Get Free Report)'s share price 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.
Wall Street Analysts Forecast Growth
SVKEF has been the topic of a number of research reports. Citigroup reissued a "neutral" rating on shares of Skandinaviska in a research note on Wednesday, May 21st. Barclays raised shares of Skandinaviska from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, June 2nd.
Read Our Latest Research Report on SVKEF
Skandinaviska Stock Performance
The stock's fifty day moving average price is $17.33 and its 200-day moving average price is $15.78. The firm 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 released its quarterly earnings results on Tuesday, April 29th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.38 by ($0.02). The firm had revenue of $1.97 billion for the quarter, compared to analysts' expectations of $18.93 billion. Skandinaviska had a return on equity of 15.14% and a net margin of 19.05%.
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.
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