Danske Bank A/S (OTCMKTS:DNKEY) Sets New 1-Year High – Time to Buy?

Shares of Danske Bank A/S (OTCMKTS:DNKEY) reached a new 52-week high during trading on Wednesday . The stock traded as high as $17.62 and last traded at $17.57, with a volume of 18484 shares traded. The stock had previously closed at $16.94.

Danske Bank A/S Trading Up 3.7 %

The stock has a market cap of $29.82 billion, a P/E ratio of 8.78 and a beta of 0.88. The stock’s 50-day moving average is $15.38 and its two-hundred day moving average is $15.04. The company has a debt-to-equity ratio of 7.47, a current ratio of 1.79 and a quick ratio of 1.79.

Danske Bank A/S (OTCMKTS:DNKEY) last announced its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.51 EPS for the quarter. Danske Bank A/S had a net margin of 41.90% and a return on equity of 13.35%. Equities research analysts anticipate that Danske Bank A/S will post 1.84 EPS 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 paid a dividend of $0.4604 per share. The ex-dividend date of this dividend was Thursday, December 19th. This is a positive change from Danske Bank A/S’s previous dividend of $0.39. Danske Bank A/S’s dividend payout ratio is presently 38.50%.

About Danske Bank A/S

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.