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

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) shares passed 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 traded.

Svenska Handelsbanken AB (publ) Price Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.15 and a current ratio of 2.15. The company has a market capitalization of $19.33 billion, a price-to-earnings ratio of 7.07, a price-to-earnings-growth ratio of 1.45 and a beta of 0.86. The company has a 50-day moving average price of $5.53 and a 200-day moving average price of $5.09.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $0.16 earnings per share (EPS) for the quarter. The firm had revenue of $1.49 billion during the quarter. Svenska Handelsbanken AB (publ) had a net margin of 16.71% and a return on equity of 14.12%. On average, equities research analysts expect that Svenska Handelsbanken AB will post 0.58 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 $0.6294 dividend. 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 dividend payout ratio is currently 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.