SSAB AB (publ) (OTCMKTS:SSAAY) Short Interest Down 33.3% in January

SSAB AB (publ) (OTCMKTS:SSAAY) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 4,200 shares, a decrease of 33.3% from the December 31st total of 6,300 shares. Based on an average daily volume of 6,200 shares, the days-to-cover ratio is presently 0.7 days.

SSAB AB (publ) Trading Up 11.0 %

OTCMKTS SSAAY opened at $2.45 on Friday. 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 $4.88 billion, a P/E ratio of 7.36 and a beta of 1.41. The business has a fifty day simple moving average of $2.17 and a 200 day simple moving average of $2.35. SSAB AB has a 12 month low of $1.89 and a 12 month high of $4.01.

SSAB AB (publ) (OTCMKTS:SSAAY) last announced its earnings results 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 net margin of 6.33% and a return on equity of 9.40%. On average, analysts predict that SSAB AB will post 0.27 EPS 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.