Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Stock Price Up 0.4% – Here’s What Happened

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF)’s share price was up 0.4% during trading on Friday . The company traded as high as $13.45 and last traded at $13.45. Approximately 299 shares changed hands during trading, a decline of 59% from the average daily volume of 727 shares. The stock had previously closed at $13.39.

Analyst Ratings Changes

Several analysts recently weighed in on SVKEF shares. The Goldman Sachs Group upgraded shares of Skandinaviska Enskilda Banken AB (publ) to a “hold” rating in a report on Friday, September 27th. BNP Paribas raised shares of Skandinaviska Enskilda Banken AB (publ) to a “hold” rating in a research note on Tuesday, October 1st.

Skandinaviska Enskilda Banken AB (publ) Stock Performance

The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 4.29. The company has a market cap of $29.05 billion, a PE ratio of 8.01 and a beta of 0.77. The stock has a 50 day moving average price of $13.98 and a 200 day moving average price of $14.72.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.44 EPS for the quarter. The business had revenue of $2.01 billion during the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 16.84% and a net margin of 19.50%. Sell-side analysts predict that Skandinaviska Enskilda Banken AB will post 1.65 EPS for the current fiscal year.

About Skandinaviska Enskilda Banken AB (publ)

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.