Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Share Price Crosses Above 50-Day Moving Average of $4.77

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.77 and traded as high as $4.80. Svenska Handelsbanken AB (publ) shares last traded at $4.79, with a volume of 92,661 shares changing hands.

Svenska Handelsbanken AB (publ) Stock Down 1.3 %

The stock has a market capitalization of $18.99 billion, a PE ratio of 6.95, a price-to-earnings-growth ratio of 1.38 and a beta of 0.86. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16. The company’s 50-day moving average is $4.78 and its 200 day moving average is $5.05.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last announced its quarterly earnings data on Wednesday, July 17th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.40 billion. Svenska Handelsbanken AB (publ) had a net margin of 14.98% and a return on equity of 13.76%. As a group, analysts anticipate that Svenska Handelsbanken AB will post 0.61 EPS for the current year.

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.