Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Sets New 52-Week High – What’s Next?

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $17.48 and last traded at $17.03, with a volume of 6138 shares changing hands. The stock had previously closed at $16.30.

Skandinaviska Enskilda Banken AB (publ) Price Performance

The company’s 50-day moving average is $14.74 and its 200-day moving average is $14.61. The firm has a market cap of $34.68 billion, a price-to-earnings ratio of 10.38 and a beta of 0.76. The company has a current ratio of 1.53, a quick ratio of 1.44 and a debt-to-equity ratio of 3.89.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last issued its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 16.21% and a net margin of 19.29%.

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.