SVENSKA HANDELS/ADR (OTCMKTS:SVNLY) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $4.95 and traded as low as $3.62. SVENSKA HANDELS/ADR shares last traded at $3.78, with a volume of 462,645 shares changing hands.
A number of research firms recently commented on SVNLY. Citigroup cut SVENSKA HANDELS/ADR from a “neutral” rating to a “sell” rating in a report on Monday, February 24th. Berenberg Bank cut SVENSKA HANDELS/ADR from a “buy” rating to a “hold” rating in a report on Thursday, January 23rd.
The business’s 50-day moving average price is $4.94 and its two-hundred day moving average price is $4.93.
Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Denmark, Finland, Norway, and the Netherlands. It offers transactional and savings accounts, business, currency, and corporate accounts; mortgage and private loans; mutual funds; and pension products.
Featured Article: What is a stock portfolio tracker?
Receive News & Ratings for SVENSKA HANDELS/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SVENSKA HANDELS/ADR and related companies with MarketBeat.com's FREE daily email newsletter.