Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Hits New 52-Week High – Here’s What Happened

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY)’s share price hit a new 52-week high on Monday . The stock traded as high as $6.30 and last traded at $6.24, with a volume of 75648 shares trading hands. The stock had previously closed at $6.21.

Svenska Handelsbanken AB (publ) Price Performance

The company has a quick ratio of 2.08, a current ratio of 2.17 and a debt-to-equity ratio of 0.18. The company has a 50 day simple moving average of $5.45 and a 200-day simple moving average of $5.19. The stock has a market cap of $24.71 billion, a price-to-earnings ratio of 9.60, a PEG ratio of 1.94 and a beta of 0.83.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a return on equity of 13.62% and a net margin of 14.89%. As a group, research analysts anticipate that Svenska Handelsbanken AB will post 0.54 EPS for the current fiscal year.

Svenska Handelsbanken AB (publ) Company Profile

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.