Danske Bank A/S (OTCMKTS:DNKEY) Reaches New 1-Year High – What’s Next?

Danske Bank A/S (OTCMKTS:DNKEY)’s share price reached a new 52-week high on Friday . The stock traded as high as $16.53 and last traded at $16.47, with a volume of 52996 shares. The stock had previously closed at $15.41.

Danske Bank A/S Stock Up 6.9 %

The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 7.47. The firm’s fifty day moving average price is $14.66 and its 200-day moving average price is $14.85. The company has a market cap of $27.96 billion, a price-to-earnings ratio of 8.36 and a beta of 0.91.

Danske Bank A/S (OTCMKTS:DNKEY) last issued its earnings results on Friday, February 7th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter. Danske Bank A/S had a net margin of 42.04% and a return on equity of 13.27%. Sell-side analysts predict that Danske Bank A/S will post 1.84 earnings per share for the current year.

Danske Bank A/S Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Thursday, December 19th were issued a dividend of $0.4604 per share. This is a boost from Danske Bank A/S’s previous dividend of $0.39. The ex-dividend date of this dividend was Thursday, December 19th. Danske Bank A/S’s dividend payout ratio (DPR) is presently 39.09%.

Danske Bank A/S Company Profile

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.