Swedbank AB (publ) (OTCMKTS:SWDBY) Sets New 1-Year High – What’s Next?

Swedbank AB (publ) (OTCMKTS:SWDBY) shares reached a new 52-week high on Monday . The company traded as high as SEK 22.96 and last traded at SEK 22.78, with a volume of 9559 shares. The stock had previously closed at SEK 22.64.

Analysts Set New Price Targets

Separately, Barclays lowered Swedbank AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Monday, February 3rd.

Swedbank AB (publ) Stock Performance

The company has a debt-to-equity ratio of 4.28, a current ratio of 1.50 and a quick ratio of 1.50. The firm has a market capitalization of $26.19 billion, a PE ratio of 7.94, a P/E/G ratio of 0.90 and a beta of 0.92. The firm has a fifty day moving average price of SEK 20.78 and a 200 day moving average price of SEK 20.56.

Swedbank AB (publ) (OTCMKTS:SWDBY) last posted its quarterly earnings data on Thursday, January 23rd. The financial services provider reported SEK 0.70 earnings per share (EPS) for the quarter. Swedbank AB (publ) had a return on equity of 17.32% and a net margin of 23.64%. Research analysts anticipate that Swedbank AB will post 2.3 earnings per share for the current fiscal year.

Swedbank AB (publ) Company Profile

Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through three business areas: Swedish Banking, Baltic Banking, and Corporates and Institutions.