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Swedbank AB (publ) (OTCMKTS:SWDBF – Get Free Report) rose 2.3% during mid-day trading on Friday. The stock traded as high as $43.00 and last traded at $43.00. Approximately 6,806 shares were traded during mid-day trading, an increase of 66% from the average session volume of 4,105 shares. The stock had previously closed at $42.02.
Swedbank AB (publ) Stock Performance
The firm’s 50-day moving average price is $40.38 and its 200 day moving average price is $38.07.
About Swedbank AB (publ)
Swedbank AB (publ) is a Swedish banking group that provides financial products and services to private individuals, businesses and organizations. Its offerings include deposit accounts, payment services, mortgages, consumer and corporate lending, cards, savings products, investment services and insurance. The bank serves customers primarily in Sweden and the Baltic countries of Estonia, Latvia and Lithuania. Swedbank’s operations include retail banking, corporate banking and financial services for larger companies and institutions, with digital banking channels complemented by branches and other customer-service platforms.
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