SSAB AB (publ) (OTCMKTS:SSAAY) Issues Quarterly Earnings Results, Misses Expectations By $0.01 EPS

SSAB AB (publ) (OTCMKTS:SSAAY - Get Free Report) issued its earnings results on Tuesday. The basic materials company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01), Zacks reports. SSAB AB (publ) had a return on equity of 9.40% and a net margin of 6.33%.

SSAB AB (publ) Trading Up 11.0 %

Shares of SSAAY traded up $0.24 during trading hours on Friday, hitting $2.45. The company had a trading volume of 15,200 shares, compared to its average volume of 2,821. SSAB AB has a 52-week low of $1.89 and a 52-week high of $4.01. The company has a quick ratio of 1.55, a current ratio of 2.83 and a debt-to-equity ratio of 0.09. The stock's 50 day moving average price is $2.17 and its 200 day moving average price is $2.35. The firm has a market cap of $4.88 billion, a P/E ratio of 8.17 and a beta of 1.41.

SSAB AB (publ) Company Profile

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.