Nordea Bank Abp (OTCMKTS:NRDBY) Shares Down 0.2% – What’s Next?

Nordea Bank Abp (OTCMKTS:NRDBY) shares were down 0.2% during trading on Friday . The stock traded as low as $11.55 and last traded at $11.58. Approximately 258,536 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 362,667 shares. The stock had previously closed at $11.60.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded Nordea Bank Abp to a “strong-buy” rating in a research note on Friday, September 27th.

Nordea Bank Abp Trading Down 0.2 %

The firm has a market capitalization of $40.56 billion, a PE ratio of 7.29, a price-to-earnings-growth ratio of 0.78 and a beta of 0.91. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 6.23. The company’s 50-day simple moving average is $11.22 and its 200 day simple moving average is $11.51.

Nordea Bank Abp (OTCMKTS:NRDBY) last posted its earnings results on Thursday, October 17th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.06. Nordea Bank Abp had a net margin of 19.28% and a return on equity of 16.41%. The company had revenue of $3.31 billion during the quarter. As a group, sell-side analysts expect that Nordea Bank Abp will post 1.47 EPS for the current year.

About Nordea Bank Abp

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.