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SSAB AB (publ) (OTCMKTS:SSAAY) Hits New 1-Year Low - What's Next?

SSAB AB (publ) logo with Basic Materials background

SSAB AB (publ) (OTCMKTS:SSAAY - Get Free Report)'s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $1.96 and last traded at $1.96, with a volume of 8404 shares traded. The stock had previously closed at $2.00.

SSAB AB (publ) Stock Performance

The company has a market capitalization of $3.90 billion, a P/E ratio of 5.29 and a beta of 1.41. The business has a 50 day moving average of $2.27 and a 200 day moving average of $2.42. The company has a quick ratio of 1.55, a current ratio of 2.83 and a debt-to-equity ratio of 0.09.

SSAB AB (publ) (OTCMKTS:SSAAY - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The basic materials company reported $0.05 EPS for the quarter. SSAB AB (publ) had a return on equity of 11.51% and a net margin of 7.47%. The firm had revenue of $2.34 billion during the quarter. On average, sell-side analysts predict that SSAB AB will post 0.3 earnings per share for the current year.

SSAB AB (publ) Company Profile

(Get Free Report)

SSAB AB (publ) produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products for steel and plate production.

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