Dnb Asa (OTCMKTS:DNHBY) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Dnb Asa (OTCMKTS:DNHBY) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $21.83 and traded as low as $21.69. Dnb Asa shares last traded at $21.83, with a volume of 31,800 shares traded.

Dnb Asa Stock Performance

The company has a 50 day simple moving average of $21.83 and a two-hundred day simple moving average of $21.83. The firm has a market cap of $33.84 billion, a PE ratio of 16.66 and a beta of 1.54.

About Dnb Asa

DNB ASA provides various banking products and services for retail and corporate customers in Norway and internationally. The company offers savings and investment products, including saving accounts, investment accounts, home savings products, equities, retirement savings, fixed rate deposits, exchange traded products, bonds and commercial papers, mutual funds, and asset management services; and loans, such as home mortgages, car and consumer loans, trade finance, and export financing, as well as overdraft facilities, bank guarantees, and leasing and factoring services.