Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Sets New 12-Month High – Should You Buy?

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $6.05 and last traded at $6.02, with a volume of 90920 shares changing hands. The stock had previously closed at $5.93.

Svenska Handelsbanken AB (publ) Price Performance

The company has a 50 day moving average price of $5.36 and a 200-day moving average price of $5.14. 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 (publ) (OTCMKTS:SVNLY) last announced its earnings results on Wednesday, February 5th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a return on equity of 13.86% and a net margin of 14.89%. On average, sell-side analysts predict that Svenska Handelsbanken AB will post 0.5 EPS for the current fiscal year.

Svenska Handelsbanken AB (publ) Company Profile

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.