Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Short Interest Update

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 4,340,900 shares, a decline of 27.6% from the November 15th total of 5,994,500 shares. Based on an average trading volume of 800 shares, the short-interest ratio is currently 5,426.1 days.

Wall Street Analysts Forecast Growth

SVKEF has been the topic of a number of recent analyst reports. BNP Paribas raised Skandinaviska Enskilda Banken AB (publ) to a “hold” rating in a research note on Tuesday, October 1st. The Goldman Sachs Group upgraded Skandinaviska Enskilda Banken AB (publ) to a “hold” rating in a research report on Friday, September 27th.

Skandinaviska Enskilda Banken AB (publ) Stock Performance

Shares of SVKEF stock opened at $14.45 on Friday. Skandinaviska Enskilda Banken AB has a 1-year low of $13.16 and a 1-year high of $15.55. The firm’s 50-day simple moving average is $14.26 and its 200-day simple moving average is $14.79. The firm has a market cap of $31.21 billion, a P/E ratio of 8.60 and a beta of 0.77. The company has a debt-to-equity ratio of 4.29, a current ratio of 1.44 and a quick ratio of 1.44.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last issued its earnings results on Thursday, October 24th. The financial services provider reported $0.44 earnings per share for the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 16.84% and a net margin of 19.50%. The firm had revenue of $2.01 billion for the quarter. As a group, equities analysts forecast that Skandinaviska Enskilda Banken AB will post 1.65 EPS for the current year.

Skandinaviska Enskilda Banken AB (publ) Company Profile

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.