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

SSAB AB (publ) (OTCMKTS:SSAAYGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as $1.96 and last traded at $1.96, with a volume of 8404 shares. The stock had previously closed at $2.00.

SSAB AB (publ) Price Performance

The firm has a fifty day moving average price of $2.25 and a two-hundred day moving average price of $2.41. The company has a quick ratio of 1.55, a current ratio of 2.83 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $3.83 billion, a P/E ratio of 5.19 and a beta of 1.41.

SSAB AB (publ) (OTCMKTS:SSAAYGet Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The basic materials company reported $0.05 earnings per share for the quarter. The business had revenue of $2.34 billion during the quarter. SSAB AB (publ) had a net margin of 7.47% and a return on equity of 11.51%. On average, analysts expect that SSAB AB will post 0.3 EPS for the current 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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