Shares of Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as SEK 27.14 and last traded at SEK 27.14, with a volume of 17227 shares trading hands. The stock had previously closed at SEK 26.73.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on SWDBY. Barclays downgraded Swedbank AB (publ) from a "hold" rating to a "strong sell" rating in a report on Monday, February 3rd. Hsbc Global Res downgraded Swedbank AB (publ) from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Finally, Citigroup downgraded Swedbank AB (publ) from a "strong-buy" rating to a "hold" rating in a report on Monday, March 31st.
Check Out Our Latest Analysis on SWDBY
Swedbank AB (publ) Stock Down 1.8%
The company has a debt-to-equity ratio of 3.63, a current ratio of 1.52 and a quick ratio of 1.50. The firm's 50-day moving average price is SEK 24.13 and its 200 day moving average price is SEK 22.71. The firm has a market cap of $30.48 billion, a P/E ratio of 9.24, a PEG ratio of 0.93 and a beta of 0.80.
Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) last issued its earnings results on Tuesday, April 29th. The financial services provider reported SEK 0.68 earnings per share (EPS) for the quarter. Swedbank AB (publ) had a net margin of 23.64% and a return on equity of 16.95%. The firm had revenue of SEK 1.62 billion for the quarter. On average, equities research analysts expect that Swedbank AB will post 2.34 earnings per share for the current fiscal year.
About Swedbank AB (publ)
(
Get Free Report)
Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through three business areas: Swedish Banking, Baltic Banking, and Corporates and Institutions.
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