Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Stock Passes Below Fifty Day Moving Average of $5.45

Shares of Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $5.45 and traded as low as $4.34. Svenska Handelsbanken AB (publ) shares last traded at $4.40, with a volume of 562,976 shares trading hands.

Svenska Handelsbanken AB (publ) Price Performance

The company’s 50-day moving average is $5.39 and its two-hundred day moving average is $5.10. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.15 and a quick ratio of 2.15. The firm has a market cap of $17.31 billion, a P/E ratio of 6.33, a PEG ratio of 1.33 and a beta of 0.86.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.16 earnings per share for the quarter. Svenska Handelsbanken AB (publ) had a net margin of 15.61% and a return on equity of 13.80%. The business had revenue of $1.49 billion during the quarter. Sell-side analysts anticipate that Svenska Handelsbanken AB will post 0.56 EPS for the current fiscal year.

Svenska Handelsbanken AB (publ) Increases Dividend

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

Svenska Handelsbanken AB (publ) Company Profile

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.