Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Shares Cross Below Fifty Day Moving Average of $5.53

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $5.53 and traded as low as $4.84. Svenska Handelsbanken AB (publ) shares last traded at $4.88, with a volume of 111,634 shares.

Svenska Handelsbanken AB (publ) Price Performance

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 capitalization of $19.40 billion, a price-to-earnings ratio of 7.10, a PEG ratio of 1.43 and a beta of 0.86. The stock has a 50 day moving average price of $5.50 and a two-hundred day moving average price of $5.09.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last posted its quarterly earnings results on Wednesday, February 7th. The company reported $0.16 EPS for the quarter. Svenska Handelsbanken AB (publ) had a net margin of 16.71% and a return on equity of 14.12%. The business had revenue of $1.49 billion during the quarter. As a group, analysts expect that Svenska Handelsbanken AB will post 0.58 EPS for the current year.

Svenska Handelsbanken AB (publ) Increases Dividend

The company also recently declared 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 boost from Svenska Handelsbanken AB (publ)’s previous dividend of $0.27. Svenska Handelsbanken AB (publ)’s payout ratio is 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.