Swedbank AB (publ) (OTCMKTS:SWDBY – Get Free Report) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 21,300 shares, an increase of 32.3% from the February 13th total of 16,100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 54,300 shares, the days-to-cover ratio is currently 0.4 days.
Swedbank AB (publ) Stock Performance
Shares of Swedbank AB (publ) stock opened at SEK 26.01 on Monday. The firm’s fifty day simple moving average is SEK 22.96 and its 200-day simple moving average is SEK 21.22. Swedbank AB has a 12 month low of SEK 18.52 and a 12 month high of SEK 26.50. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.52 and a quick ratio of 1.50. The stock has a market capitalization of $29.27 billion, a price-to-earnings ratio of 8.88, a PEG ratio of 0.93 and a beta of 0.93.
Swedbank AB (publ) (OTCMKTS:SWDBY – Get Free Report) last posted its earnings results on Thursday, January 23rd. The financial services provider reported SEK 0.70 earnings per share for the quarter. Swedbank AB (publ) had a return on equity of 16.95% and a net margin of 23.64%. As a group, equities analysts forecast that Swedbank AB will post 2.34 earnings per share for the current year.
Swedbank AB (publ) Increases Dividend
Analysts Set New Price Targets
Separately, Barclays cut shares of Swedbank AB (publ) from a “hold” rating to a “strong sell” rating in a report on Monday, February 3rd.
Check Out Our Latest Stock Report on SWDBY
About Swedbank AB (publ)
Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through three business areas: Swedish Banking, Baltic Banking, and Corporates and Institutions.
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