(SAVE) Nordnet - Ratings and Ratios

Nordnet AB (publ), a leading digital financial services provider in the Nordic region, offers a comprehensive platform for savings and investments across Sweden, Norway, Denmark, and Finland. Established in 1996 and headquartered in Stockholm, the company provides a wide array of financial solutions, including direct investments in stocks, mutual funds, and other securities through its user-friendly website and mobile app. Additionally, Nordnet offers margin lending, residential mortgages, pension savings, and occupational pension solutions tailored for both employers and employees. Its digital pension management service streamlines pension planning, while Shareville, a unique social investment network, enables customers to share their investment portfolios in real-time, fostering a sense of community and transparency. Nordnet serves a diverse client base, including private savers, companies offering occupational pensions, and corporate clients managing their savings through the platform.

From a technical perspective, SAVE has shown a consistent uptrend, with its SMA 20, SMA 50, and SMA 200 indicating strong momentum. The stocks average volume of 272,497 over the past 20 days suggests moderate liquidity. With a last price of 253.00 and an ATR of 9.03, volatility is manageable, indicating potential for further upside. On the fundamental side, Nordnets high P/B ratio of 7.10 reflects its strong brand value and growth prospects. The RoE of 35.22 highlights efficient profitability, supported by a P/E of 20.70 and a forward P/E of 21.46, signaling investor confidence in future earnings.