SSAB AB (publ) (OTCMKTS:SSAAY - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $2.99 and traded as low as $2.63. SSAB AB (publ) shares last traded at $2.67, with a volume of 2,788 shares changing hands.
SSAB AB (publ) Trading Down 4.5 %
The company has a current ratio of 2.71, a quick ratio of 1.54 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $5.50 billion, a price-to-earnings ratio of 9.20 and a beta of 1.18. The business has a 50 day simple moving average of $3.04 and a 200-day simple moving average of $2.55.
SSAB AB (publ) (OTCMKTS:SSAAY - Get Free Report) last issued its earnings results on Tuesday, January 28th. The basic materials company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01). SSAB AB (publ) had a return on equity of 9.35% and a net margin of 6.33%. On average, equities analysts predict that SSAB AB will post 0.24 earnings per share for the current year.
About SSAB AB (publ)
(
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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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