SSAB AB (publ) (OTCMKTS:SSAAY) Sets New 1-Year Low - Here's What Happened

SSAB AB (publ) (OTCMKTS:SSAAY - Get Free Report) hit a new 52-week low on Friday . The stock traded as low as $1.97 and last traded at $2.02, with a volume of 2106 shares trading hands. The stock had previously closed at $2.15.

SSAB AB (publ) Stock Down 6.3 %

The company has a current ratio of 2.83, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $4.02 billion, a P/E ratio of 5.45 and a beta of 1.42. The stock's 50-day simple moving average is $2.30 and its 200-day simple moving average is $2.44.

SSAB AB (publ) (OTCMKTS:SSAAY - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The basic materials company reported $0.05 EPS for the quarter. SSAB AB (publ) had a net margin of 7.47% and a return on equity of 11.51%. The business had revenue of $2.34 billion for the quarter. As a group, research analysts predict that SSAB AB will post 0.3 earnings per share for the current fiscal year.

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.