Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Sets New 52-Week Low – Time to Sell?

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) shares reached a new 52-week low during trading on Friday . The stock traded as low as $12.59 and last traded at $12.59, with a volume of 759 shares traded. The stock had previously closed at $15.20.

Skandinaviska Enskilda Banken AB (publ) Price Performance

The company has a debt-to-equity ratio of 3.89, a current ratio of 1.53 and a quick ratio of 1.44. The firm has a market capitalization of $25.65 billion, a price-to-earnings ratio of 7.68 and a beta of 0.53. The stock has a 50 day moving average price of $15.79 and a two-hundred day moving average price of $14.78.

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

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.