Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Trading Up 0.4% – Should You Buy?

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF)’s stock price traded up 0.4% during trading on Friday . The company traded as high as $13.45 and last traded at $13.45. 299 shares changed hands during trading, a decline of 59% from the average session volume of 727 shares. The stock had previously closed at $13.39.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on SVKEF. BNP Paribas upgraded Skandinaviska Enskilda Banken AB (publ) to a “hold” rating in a report on Tuesday, October 1st. The Goldman Sachs Group raised shares of Skandinaviska Enskilda Banken AB (publ) to a “hold” rating in a report on Friday, September 27th.

Skandinaviska Enskilda Banken AB (publ) Price Performance

The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 4.29. The stock has a 50-day moving average price of $13.99 and a 200 day moving average price of $14.73. The stock has a market capitalization of $29.05 billion, a price-to-earnings ratio of 8.01 and a beta of 0.77.

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

About Skandinaviska Enskilda Banken AB (publ)

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.