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

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty 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.

Svenska Handelsbanken AB (publ) Trading Down 0.7 %

The firm has a fifty day moving average of $5.39 and a two-hundred day moving average of $5.10. The company has a market cap of $17.31 billion, a PE ratio of 6.33, a price-to-earnings-growth ratio of 1.33 and a beta of 0.86. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 0.21.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last announced 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 return on equity of 13.80% and a net margin of 15.61%. The company had revenue of $1.49 billion during the quarter. As a group, sell-side analysts predict that Svenska Handelsbanken AB will post 0.56 EPS for the current year.

Svenska Handelsbanken AB (publ) Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, April 11th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.6294 per share. The ex-dividend date was Thursday, March 21st. This is a positive change from Svenska Handelsbanken AB (publ)’s previous dividend of $0.27. Svenska Handelsbanken AB (publ)’s payout ratio is presently 55.07%.

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.