Swedbank AB (OTCMKTS:SWDBY) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $13.05 and last traded at $13.10, with a volume of 42913 shares. The stock had previously closed at $13.30.
SWDBY has been the topic of several analyst reports. ValuEngine upgraded shares of Swedbank from a “strong sell” rating to a “sell” rating in a research note on Wednesday, May 1st. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Swedbank in a research note on Thursday, July 18th. Finally, Barclays downgraded shares of Swedbank to a “hold” rating in a research note on Friday, May 17th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Swedbank presently has an average rating of “Hold”.
The company has a 50 day moving average of $14.55. The stock has a market cap of $14.60 billion, a PE ratio of 5.97 and a beta of 0.68. The company has a debt-to-equity ratio of 7.27, a quick ratio of 1.65 and a current ratio of 1.65.
Swedbank (OTCMKTS:SWDBY) last issued its earnings results on Wednesday, July 17th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter. Swedbank had a net margin of 36.59% and a return on equity of 16.11%. The firm had revenue of $1.22 billion for the quarter.
About Swedbank (OTCMKTS:SWDBY)
Swedbank AB (publ) provides various banking products and services to private, corporate, and organizational customers. The company operates through Swedish Banking, Baltic Banking, and Large Corporates & Institutions segments. It offers deposit and lending products; guarantees; non-life insurance products; brokerage and other securities; real estate brokerage; and asset management, financing, and life insurance and pension services.
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