Shares of Swedbank AB (OTCMKTS:SWDBY - Get Free Report) hit a new 52-week high on Thursday . The company traded as high as SEK 27.79 and last traded at SEK 27.79, with a volume of 500 shares traded. The stock had previously closed at SEK 27.56.
Analyst Ratings Changes
Separately, UBS Group lowered Swedbank from a "strong-buy" rating to a "hold" rating in a research report on Friday, June 6th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. Based on data from MarketBeat, Swedbank has a consensus rating of "Hold".
View Our Latest Analysis on SWDBY
Swedbank Trading Down 0.5%
The stock has a market capitalization of $31.32 billion, a P/E ratio of 9.60 and a beta of 0.71. The stock has a 50-day moving average price of SEK 26.44 and a two-hundred day moving average price of SEK 24.93. The company has a debt-to-equity ratio of 3.89, a quick ratio of 1.47 and a current ratio of 1.47.
Swedbank (OTCMKTS:SWDBY - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The financial services provider reported SEK 0.72 earnings per share for the quarter. Swedbank had a return on equity of 16.12% and a net margin of 25.22%. The company had revenue of SEK 1.76 billion for the quarter. On average, research analysts forecast that Swedbank AB will post 2.34 EPS for the current fiscal year.
Swedbank Company Profile
(
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.
Further Reading
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