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.
Recommended Stories
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
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
