Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Issues Earnings Results

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) posted its earnings results on Wednesday. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03, Zacks reports. Svenska Handelsbanken AB (publ) had a net margin of 14.66% and a return on equity of 13.65%.

Svenska Handelsbanken AB (publ) Stock Performance

OTCMKTS SVNLY traded up $0.12 during midday trading on Wednesday, hitting $5.52. 46,098 shares of the company traded hands, compared to its average volume of 119,996. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 0.15. Svenska Handelsbanken AB has a 52 week low of $4.24 and a 52 week high of $6.01. The company’s 50-day simple moving average is $5.27 and its 200-day simple moving average is $5.10.

About Svenska Handelsbanken AB (publ)

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.