Nordea Bank Abp (OTCMKTS:NRDBY) Hits New 52-Week High – Time to Buy?

Nordea Bank Abp (OTCMKTS:NRDBY) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $12.88 and last traded at $12.87, with a volume of 202210 shares. The stock had previously closed at $12.52.

Nordea Bank Abp Stock Up 2.8 %

The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 6.23. The business’s fifty day moving average price is $11.54 and its two-hundred day moving average price is $11.56. The firm has a market cap of $45.02 billion, a P/E ratio of 8.30, a P/E/G ratio of 0.83 and a beta of 0.92.

Nordea Bank Abp (OTCMKTS:NRDBY) last posted its earnings results on Monday, February 3rd. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.02. Nordea Bank Abp had a return on equity of 16.57% and a net margin of 19.84%. As a group, equities research analysts anticipate that Nordea Bank Abp will post 1.38 EPS 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.