Nordea Bank Abp (OTCMKTS:NRDBY) Shares Down 0.2% – What’s Next?

Nordea Bank Abp (OTCMKTS:NRDBY)’s stock price was down 0.2% on Friday . The stock traded as low as $11.55 and last traded at $11.58. Approximately 258,536 shares were traded during trading, a decline of 29% from the average daily volume of 362,667 shares. The stock had previously closed at $11.60.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Nordea Bank Abp to a “strong-buy” rating in a research report on Friday, September 27th.

Nordea Bank Abp Price Performance

The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 6.23. The stock has a 50 day simple moving average of $11.22 and a 200-day simple moving average of $11.51. The firm has a market cap of $40.56 billion, a PE ratio of 7.29, a price-to-earnings-growth ratio of 0.78 and a beta of 0.91.

Nordea Bank Abp (OTCMKTS:NRDBY) last released its earnings results on Thursday, October 17th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.06. Nordea Bank Abp had a return on equity of 16.41% and a net margin of 19.28%. The firm had revenue of $3.31 billion during the quarter. Equities analysts anticipate that Nordea Bank Abp will post 1.47 earnings per share for the current fiscal year.

Nordea Bank Abp Company Profile

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.