Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Sets New 12-Month High at $14.27

Shares of Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $14.27 and last traded at $14.27, with a volume of 22755 shares. The stock had previously closed at $13.75.

Several research analysts recently issued reports on the company. Pareto Securities began coverage on Skandinaviska Enskilda Banken AB (publ) in a research report on Thursday, June 24th. They set a “hold” rating for the company. Credit Suisse Group reiterated an “underperform” rating on shares of Skandinaviska Enskilda Banken AB (publ) in a report on Friday, July 16th. Barclays upgraded shares of Skandinaviska Enskilda Banken AB (publ) from an “underweight” rating to an “overweight” rating in a research report on Friday, September 3rd. Finally, UBS Group restated a “neutral” rating on shares of Skandinaviska Enskilda Banken AB (publ) in a research note on Thursday, June 10th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Skandinaviska Enskilda Banken AB (publ) currently has an average rating of “Hold”.

The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 4.37. The stock has a fifty day simple moving average of $13.47 and a two-hundred day simple moving average of $13.04. The firm has a market cap of $30.83 billion, a PE ratio of 11.46 and a beta of 1.09.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last issued its quarterly earnings results on Thursday, July 15th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter. The firm had revenue of $1.41 billion during the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 12.95% and a net margin of 39.64%.

Skandinaviska Enskilda Banken AB (publ) Company Profile (OTCMKTS:SVKEF)

Skandinaviska Enskilda Banken AB engages in the provision of corporate, retail, investment and private banking services. It also provides asset management and life insurance service. The company operates through the following segments: Large Corporates & Financial Institutions, Corporate & Private Customers, Baltic, Life & Investment Management and Other.

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