Dnb Asa (OTCMKTS:DNHBY) Shares Pass Below 50-Day Moving Average – Here’s Why

Shares of Dnb Asa (OTCMKTS:DNHBY) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $21.83 and traded as low as $21.69. Dnb Asa shares last traded at $21.83, with a volume of 31,800 shares.

Dnb Asa Stock Performance

The stock has a market cap of $33.84 billion, a PE ratio of 16.66 and a beta of 1.54. The firm has a fifty day moving average price of $21.83 and a 200 day moving average price of $21.83.

About Dnb Asa

DNB ASA provides various banking products and services for retail and corporate customers in Norway and internationally. The company offers savings and investment products, including saving accounts, investment accounts, home savings products, equities, retirement savings, fixed rate deposits, exchange traded products, bonds and commercial papers, mutual funds, and asset management services; and loans, such as home mortgages, car and consumer loans, trade finance, and export financing, as well as overdraft facilities, bank guarantees, and leasing and factoring services.