Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Shares Cross Below 50 Day Moving Average of $5.53

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $5.53 and traded as low as $4.84. Svenska Handelsbanken AB (publ) shares last traded at $4.88, with a volume of 111,634 shares.

Svenska Handelsbanken AB (publ) Trading Up 0.2 %

The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $19.33 billion, a P/E ratio of 7.07, a PEG ratio of 1.45 and a beta of 0.86. The firm’s 50-day simple moving average is $5.53 and its 200 day simple moving average is $5.09.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last released its earnings results on Wednesday, February 7th. The company reported $0.16 EPS for the quarter. The business had revenue of $1.49 billion for the quarter. Svenska Handelsbanken AB (publ) had a net margin of 16.71% and a return on equity of 14.12%. Equities research analysts anticipate that Svenska Handelsbanken AB will post 0.58 EPS for the current fiscal year.

Svenska Handelsbanken AB (publ) Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 11th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.6294 per share. The ex-dividend date of this dividend was Thursday, March 21st. This is a positive change from Svenska Handelsbanken AB (publ)’s previous dividend of $0.27. Svenska Handelsbanken AB (publ)’s dividend payout ratio (DPR) is currently 55.07%.

About Svenska Handelsbanken AB (publ)

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.