Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Sets New 1-Year High – Here’s What Happened

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) shares reached a new 52-week high on Tuesday . The stock traded as high as $6.67 and last traded at $6.63, with a volume of 58170 shares changing hands. The stock had previously closed at $6.48.

Svenska Handelsbanken AB (publ) Price Performance

The firm has a market cap of $26.26 billion, a PE ratio of 10.20, a P/E/G ratio of 1.94 and a beta of 0.87. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.17 and a quick ratio of 2.08. The business’s fifty day moving average is $6.00 and its 200-day moving average is $5.41.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a net margin of 14.89% and a return on equity of 13.62%. On average, research analysts predict that Svenska Handelsbanken AB will post 0.54 earnings per share for the current fiscal year.

Svenska Handelsbanken AB (publ) Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Friday, March 28th will be given a $0.7123 dividend. This is an increase from Svenska Handelsbanken AB (publ)’s previous dividend of $0.63. The ex-dividend date is Friday, March 28th. Svenska Handelsbanken AB (publ)’s dividend payout ratio (DPR) is currently 90.77%.

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.