Swedbank AB (publ) (OTCMKTS:SWDBF – Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $35.45 and traded as high as $37.60. Swedbank AB (publ) shares last traded at $37.55, with a volume of 42,700 shares trading hands.
Swedbank AB (publ) Price Performance
The stock has a 50-day simple moving average of $35.47 and a 200-day simple moving average of $36.13.
Swedbank AB (publ) Company Profile
Swedbank AB (publ) is a leading Nordic banking group headquartered in Stockholm, Sweden. Tracing its roots to early 19th-century savings banks, the institution in its present form emerged in 1997 through the merger of Föreningsbanken and Sparbanken Sverige, adopting the Swedbank name in 2006. Today, the bank serves both private and corporate clients, offering a full suite of financial solutions designed to support economic growth and financial well-being across its home market and beyond.
The company’s core activities encompass traditional retail banking services—such as deposit and savings accounts, mortgages, personal loans and credit cards—alongside comprehensive corporate and institutional banking solutions.
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