Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Hits New 1-Year High – Here’s Why

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $15.65 and last traded at $15.65, with a volume of 33801 shares trading hands. The stock had previously closed at $15.14.

Skandinaviska Enskilda Banken AB (publ) Price Performance

The stock has a 50 day moving average price of $14.05 and a 200 day moving average price of $14.53. The company has a debt-to-equity ratio of 4.29, a quick ratio of 1.44 and a current ratio of 1.44. The company has a market capitalization of $31.88 billion, a P/E ratio of 9.54 and a beta of 0.76.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter. Skandinaviska Enskilda Banken AB (publ) had a net margin of 19.29% and a return on equity of 16.45%.

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.