Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.54 and traded as high as $6.51. Svenska Handelsbanken AB (publ) shares last traded at $6.46, with a volume of 189,739 shares changing hands.
Analyst Upgrades and Downgrades
SVNLY has been the topic of several recent analyst reports. HSBC downgraded Svenska Handelsbanken AB (publ) from a "buy" rating to a "hold" rating in a research report on Friday, April 4th. Hsbc Global Res cut shares of Svenska Handelsbanken AB (publ) from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th.
Read Our Latest Report on SVNLY
Svenska Handelsbanken AB (publ) Trading Down 0.2 %
The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.08 and a current ratio of 2.17. The firm has a market capitalization of $25.54 billion, a price-to-earnings ratio of 9.92, a P/E/G ratio of 1.94 and a beta of 0.81. The business has a fifty day moving average price of $6.04 and a 200 day moving average price of $5.55.
Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.15 EPS for the quarter, hitting the consensus estimate of $0.15. The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.47 billion. Svenska Handelsbanken AB (publ) had a return on equity of 13.62% and a net margin of 14.89%. As a group, equities analysts forecast that Svenska Handelsbanken AB will post 0.54 earnings per share for the current year.
Svenska Handelsbanken AB (publ) Increases Dividend
The firm also recently declared a dividend, which was paid on Thursday, April 17th. Shareholders of record on Friday, March 28th were given a dividend of $0.7123 per share. This is a boost from Svenska Handelsbanken AB (publ)'s previous dividend of $0.63. The ex-dividend date was Friday, March 28th. Svenska Handelsbanken AB (publ)'s payout ratio is 92.19%.
Svenska Handelsbanken AB (publ) Company Profile
(
Get Free Report)
Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.
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