DNB Bank ASA (OTCMKTS:DNBBY) Sets New 12-Month High – What’s Next?

DNB Bank ASA (OTCMKTS:DNBBY) hit a new 52-week high on Thursday . The stock traded as high as $22.44 and last traded at $22.41, with a volume of 61694 shares changing hands. The stock had previously closed at $21.84.

DNB Bank ASA Trading Up 0.7 %

The stock has a market capitalization of $33.61 billion, a P/E ratio of 8.25, a P/E/G ratio of 1.80 and a beta of 1.30. The company has a current ratio of 1.48, a quick ratio of 1.42 and a debt-to-equity ratio of 3.57. The business has a 50-day moving average price of $20.83 and a two-hundred day moving average price of $20.70.

DNB Bank ASA (OTCMKTS:DNBBY) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.12. DNB Bank ASA had a return on equity of 15.79% and a net margin of 20.70%. On average, analysts expect that DNB Bank ASA will post 2.29 EPS for the current fiscal year.

About DNB Bank ASA

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards.