Swedbank AB (publ) (OTCMKTS:SWDBY) Stock Price Passes Below Fifty Day Moving Average of $21.02

Shares of Swedbank AB (publ) (OTCMKTS:SWDBY) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of SEK 21.02 and traded as low as SEK 19.55. Swedbank AB (publ) shares last traded at SEK 19.67, with a volume of 37,600 shares traded.

Swedbank AB (publ) Stock Performance

The firm’s 50 day moving average price is SEK 21.02 and its 200-day moving average price is SEK 19.54. The company has a debt-to-equity ratio of 4.59, a quick ratio of 1.49 and a current ratio of 1.49.

Swedbank AB (publ) (OTCMKTS:SWDBY) last announced its quarterly earnings results on Tuesday, January 30th. The financial services provider reported SEK 0.69 EPS for the quarter. Swedbank AB (publ) had a net margin of 27.42% and a return on equity of 18.57%. The firm had revenue of SEK 1.79 billion for the quarter. Sell-side analysts forecast that Swedbank AB will post 2.21 earnings per share for the current fiscal year.

Swedbank AB (publ) Increases Dividend

The business also recently declared a dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a dividend of $1.4797 per share. This is a positive change from Swedbank AB (publ)’s previous dividend of $0.76. The ex-dividend date was Wednesday, March 27th. Swedbank AB (publ)’s dividend payout ratio (DPR) is currently 34.04%.

About Swedbank AB (publ)

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.