Skandinaviska (OTCMKTS:SVKEF) Shares Gap Down – Here’s What Happened
by Amy Steele · The Cerbat GemShares of Skandinaviska (OTCMKTS:SVKEF – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $21.44, but opened at $20.6425. Skandinaviska shares last traded at $20.6425, with a volume of 430 shares traded.
Analyst Upgrades and Downgrades
SVKEF has been the subject of several research reports. Barclays reissued an “overweight” rating on shares of Skandinaviska in a research report on Wednesday, December 10th. Citigroup reaffirmed a “neutral” rating on shares of Skandinaviska in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.
Check Out Our Latest Report on SVKEF
Skandinaviska Stock Down 3.7%
The stock’s 50 day simple moving average is $21.67 and its two-hundred day simple moving average is $19.93. The firm has a market cap of $42.05 billion, a P/E ratio of 11.80 and a beta of 0.46. The company has a debt-to-equity ratio of 4.38, a current ratio of 1.45 and a quick ratio of 1.45.
Skandinaviska Company Profile
Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. The company operates through Large Corporates & Financial Institutions, Corporate & Private Customers, Private Wealth Management & Family Office, Baltic, Life, and Investment Management divisions. It offers treasury advisory services; factoring and receivable, trade, and export financing; markets and trading, such as equities, fixed income, commodities, and foreign exchange; financial services, including investment, financing, and ownership; and shipping and real estate finance.