NORDEA Bk AB SW/S (OTCMKTS:NRDBY)’s share price fell 1.1% during trading on Thursday . The company traded as low as $7.21 and last traded at $7.31, 189,124 shares were traded during mid-day trading. A decline of 20% from the average session volume of 236,839 shares. The stock had previously closed at $7.39.
Separately, ValuEngine upgraded NORDEA Bk AB SW/S from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.
The stock has a 50 day moving average price of $7.03 and a 200 day moving average price of $7.17. The company has a market cap of $29.93 billion, a P/E ratio of 11.55 and a beta of 0.89. The company has a debt-to-equity ratio of 6.43, a quick ratio of 1.56 and a current ratio of 1.56.
Nordea Bank Abp provides various banking products and services for personal customers, small and medium businesses, and corporates and financial institutions in Europe. It operates through Personal Banking, Commercial & Business Banking, Wholesale Banking, and Wealth Management segments. It offers personal banking products comprising corporate and household deposits; and household mortgage and consumer loans, as well as loans to corporates.
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