Svenska Handelsbanken Ab Publ (SVNLY) to Release Quarterly Earnings on Wednesday

Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) is projected to issue its results before the market opens on Wednesday, October 22nd. Analysts expect the company to announce earnings of $0.15 per share for the quarter.

Svenska Handelsbanken Ab Publ Stock Performance

Shares of SVNLY stock opened at $6.52 on Monday. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.19. Svenska Handelsbanken Ab Publ has a fifty-two week low of $4.81 and a fifty-two week high of $6.83. The stock has a 50 day moving average price of $6.43 and a two-hundred day moving average price of $6.33.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Morgan Stanley reaffirmed an “underweight” rating on shares of Svenska Handelsbanken Ab Publ in a research note on Tuesday, September 2nd. Danske lowered Svenska Handelsbanken Ab Publ to a “hold” rating in a research note on Friday, July 11th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Svenska Handelsbanken Ab Publ in a research note on Tuesday, October 14th. Five analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce”.

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.