DNB Bank ASA (OTCMKTS:DNBBY) Hits New 12-Month High at $21.58

DNB Bank ASA (OTCMKTS:DNBBY) shares hit a new 52-week high on Thursday . The stock traded as high as $21.58 and last traded at $21.52, with a volume of 29962 shares. The stock had previously closed at $21.36.

DNB Bank ASA Stock Down 1.7 %

The firm has a market capitalization of $32.79 billion, a PE ratio of 8.74, a price-to-earnings-growth ratio of 1.52 and a beta of 1.32. The firm has a 50-day moving average of $20.27 and a two-hundred day moving average of $19.76. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 3.51.

DNB Bank ASA (OTCMKTS:DNBBY) last released its quarterly earnings results on Thursday, July 11th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.07. DNB Bank ASA had a net margin of 18.94% and a return on equity of 14.13%. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.87 billion. On average, equities research analysts forecast that DNB Bank ASA will post 2.47 EPS for the current year.

DNB Bank ASA Company Profile

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.