Danske Bank A/S (OTCMKTS:DNKEY) Stock Price Down 0.7% – Should You Sell?

Danske Bank A/S (OTCMKTS:DNKEY) shares dropped 0.7% during trading on Thursday . The stock traded as low as $14.67 and last traded at $14.81. Approximately 54,244 shares were traded during mid-day trading, an increase of 51% from the average daily volume of 35,954 shares. The stock had previously closed at $14.91.

Wall Street Analysts Forecast Growth

DNKEY has been the subject of a number of research analyst reports. Barclays upgraded Danske Bank A/S to a “strong sell” rating in a report on Tuesday, October 1st. The Goldman Sachs Group raised shares of Danske Bank A/S to a “hold” rating in a report on Friday, September 27th. Finally, UBS Group raised shares of Danske Bank A/S to a “strong-buy” rating in a report on Monday, October 7th.

Danske Bank A/S Trading Down 0.7 %

The firm has a market capitalization of $25.14 billion, a price-to-earnings ratio of 7.52 and a beta of 0.90. The business has a 50-day moving average price of $14.47 and a two-hundred day moving average price of $14.85.

Danske Bank A/S (OTCMKTS:DNKEY) last posted its earnings results on Thursday, October 31st. The financial services provider reported $0.53 earnings per share (EPS) for the quarter. The company had revenue of $2.04 billion for the quarter. Danske Bank A/S had a return on equity of 13.40% and a net margin of 42.04%. On average, equities research analysts predict that Danske Bank A/S will post 1.84 earnings per share for the current fiscal year.

Danske Bank A/S Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Thursday, December 19th were issued a $0.4604 dividend. This is a positive change from Danske Bank A/S’s previous dividend of $0.39. The ex-dividend date was Thursday, December 19th. Danske Bank A/S’s dividend payout ratio is 39.09%.

About Danske Bank A/S

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.