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SSAB AB (publ) (OTCMKTS:SSAAY) Hits New 12-Month Low - Time to Sell?

SSAB AB (publ) logo with Basic Materials background

Shares of SSAB AB (publ) (OTCMKTS:SSAAY - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as $2.08 and last traded at $2.08, with a volume of 235 shares traded. The stock had previously closed at $2.15.

SSAB AB (publ) Price Performance

The company has a debt-to-equity ratio of 0.09, a current ratio of 2.83 and a quick ratio of 1.55. The firm has a market cap of $4.03 billion, a PE ratio of 5.46 and a beta of 1.42. The business's fifty day moving average is $2.35 and its 200-day moving average is $2.50.

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

About SSAB AB (publ)

(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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