DNB Bank ASA (OTCMKTS:DNBBY – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 18,500 shares, an increase of 30.3% from the October 15th total of 14,200 shares. Based on an average trading volume of 97,100 shares, the short-interest ratio is currently 0.2 days.
DNB Bank ASA Price Performance
Shares of DNBBY stock traded up $0.39 during trading hours on Friday, reaching $20.73. The company’s stock had a trading volume of 113,222 shares, compared to its average volume of 68,683. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 3.49. The company has a market capitalization of $32.14 billion, a price-to-earnings ratio of 8.16, a PEG ratio of 1.48 and a beta of 1.30. The firm’s 50 day simple moving average is $20.58 and its 200-day simple moving average is $20.06. DNB Bank ASA has a fifty-two week low of $17.40 and a fifty-two week high of $22.07.
DNB Bank ASA (OTCMKTS:DNBBY – Get Free Report) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.12. The company had revenue of $2.14 billion during the quarter. DNB Bank ASA had a return on equity of 14.70% and a net margin of 19.22%. Sell-side analysts forecast that DNB Bank ASA will post 2.53 earnings per share for the current year.
Analyst Upgrades and Downgrades
View Our Latest Report on DNB Bank ASA
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.
Read More
- Five stocks we like better than DNB Bank ASA
- The How and Why of Investing in Gold Stocks
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Freeport-McMoRan, Copper Demand Short-Term Pain, Long-Term Gain
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Time to Load Up on Home Builders?
Receive News & Ratings for DNB Bank ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DNB Bank ASA and related companies with MarketBeat.com's FREE daily email newsletter.
