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SSAB AB (publ) (OTCMKTS:SSAAY) Stock Passes Above 50-Day Moving Average - Should You Sell?

SSAB AB (publ) logo with Basic Materials background
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SSAB AB (publ) (OTCMKTS:SSAAY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $2.89 and traded as high as $3.27. SSAB AB (publ) shares last traded at $3.07, with a volume of 1,378 shares.

SSAB AB (publ) Trading Down 3.2 %

The company has a market capitalization of $6.24 billion, a P/E ratio of 10.43 and a beta of 1.45. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.54 and a current ratio of 2.71. The stock has a fifty day moving average of $2.95 and a 200 day moving average of $2.52.

SSAB AB (publ) (OTCMKTS:SSAAY - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The basic materials company reported $0.02 EPS 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%. As a group, equities research analysts anticipate that SSAB AB will post 0.24 EPS for the current fiscal 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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