Danske Bank A/S (OTCMKTS:DNKEY) Sets New 1-Year High – Time to Buy?

Shares of Danske Bank A/S (OTCMKTS:DNKEY) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $17.62 and last traded at $17.57, with a volume of 18484 shares trading hands. The stock had previously closed at $16.94.

Danske Bank A/S Stock Up 3.7 %

The business’s 50 day moving average is $15.38 and its 200 day moving average is $15.04. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 7.47. The company has a market cap of $29.82 billion, a P/E ratio of 8.78 and a beta of 0.88.

Danske Bank A/S (OTCMKTS:DNKEY) last released its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.51 EPS for the quarter. Danske Bank A/S had a return on equity of 13.35% and a net margin of 41.90%. As a group, equities analysts anticipate that Danske Bank A/S will post 1.84 earnings per share for the current fiscal year.

Danske Bank A/S Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, December 19th were issued a $0.4604 dividend. This is a boost from Danske Bank A/S’s previous dividend of $0.39. The ex-dividend date of this dividend was Thursday, December 19th. Danske Bank A/S’s dividend payout ratio (DPR) is currently 38.50%.

Danske Bank A/S Company Profile

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.