Nordea Bank Abp (OTCMKTS:NRDBY) Stock Price Up 0.1% – Here’s Why

Nordea Bank Abp (OTCMKTS:NRDBY) shares traded up 0.1% on Friday . The stock traded as high as $14.11 and last traded at $14.04. 301,974 shares changed hands during trading, a decline of 31% from the average session volume of 440,392 shares. The stock had previously closed at $14.02.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on NRDBY. Barclays restated an “overweight” rating on shares of Nordea Bank Abp in a research report on Monday, February 3rd. Morgan Stanley reissued an “overweight” rating on shares of Nordea Bank Abp in a report on Friday, March 7th.

Nordea Bank Abp Price Performance

The company has a market cap of $48.87 billion, a price-to-earnings ratio of 9.06, a PEG ratio of 0.88 and a beta of 0.72. The company’s 50 day moving average price is $13.28 and its 200 day moving average price is $12.26. The company has a current ratio of 1.27, a quick ratio of 1.29 and a debt-to-equity ratio of 6.03.

Nordea Bank Abp (OTCMKTS:NRDBY) last announced its quarterly earnings data on Wednesday, April 16th. The company reported $0.36 EPS for the quarter. Nordea Bank Abp had a net margin of 19.84% and a return on equity of 16.29%. The firm had revenue of $3.13 billion during the quarter. Equities research analysts forecast that Nordea Bank Abp will post 1.4 earnings per share 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.