DNB Bank ASA (OTCMKTS:DNBBY) Reaches New 52-Week High – What’s Next?

DNB Bank ASA (OTCMKTS:DNBBY)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $23.40 and last traded at $23.15, with a volume of 17891 shares trading hands. The stock had previously closed at $22.88.

DNB Bank ASA Trading Up 1.2 %

The stock has a market capitalization of $34.54 billion, a PE ratio of 8.48, a PEG ratio of 8.45 and a beta of 1.30. The company has a current ratio of 1.48, a quick ratio of 1.42 and a debt-to-equity ratio of 3.57. The business’s 50-day moving average is $20.93 and its two-hundred day moving average is $20.76.

DNB Bank ASA (OTCMKTS:DNBBY) last issued its earnings results on Wednesday, February 5th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.12. DNB Bank ASA had a return on equity of 15.79% and a net margin of 20.70%. On average, analysts predict that DNB Bank ASA will post 2.43 earnings per share for the current year.

About DNB Bank ASA

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards.