Shares of Skandinaviska Enskilda Banken AB (STO:SEB-A) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $89.02 and traded as low as $81.62. Skandinaviska Enskilda Banken shares last traded at $82.22, with a volume of 6,493,716 shares changing hands.

The company has a 50-day moving average price of SEK 91.64 and a two-hundred day moving average price of SEK 89.02.

About Skandinaviska Enskilda Banken (STO:SEB-A)

Skandinaviska Enskilda Banken AB (SEB) is a Sweden-based bank. The Bank’s operations are divided into four business segments. The Merchant Banking segment offers commercial and investment banking services to large corporate and institutional clients, mainly in the Nordic region and Germany. The Retail Banking segment offers banking and advisory services to private individuals and small and medium-sized corporate customers in Sweden, and card operations in the Nordic countries.

Further Reading: LIBOR

Receive News & Ratings for Skandinaviska Enskilda Banken Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skandinaviska Enskilda Banken and related companies with MarketBeat.com's FREE daily email newsletter.