SSAB AB (publ) (OTCMKTS:SSAAY – Get Free Report) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totalling 1,500 shares, a growth of 1,400.0% from the June 30th total of 100 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 1.0 days.
SSAB AB (publ) Price Performance
SSAAY stock opened at $2.80 on Thursday. SSAB AB has a 52 week low of $2.51 and a 52 week high of $4.01. The stock has a market capitalization of $5.77 billion, a P/E ratio of 5.10 and a beta of 1.49. The company has a quick ratio of 1.55, a current ratio of 2.68 and a debt-to-equity ratio of 0.09. The firm has a 50-day simple moving average of $2.80 and a 200-day simple moving average of $3.24.
SSAB AB (publ) (OTCMKTS:SSAAY – Get Free Report) last announced its quarterly earnings data on Wednesday, July 24th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter. SSAB AB (publ) had a net margin of 10.37% and a return on equity of 17.12%. The company had revenue of $2.65 billion during the quarter. Equities analysts forecast that SSAB AB will post 0.34 earnings per share for the current fiscal year.
About SSAB AB (publ)
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.
Featured Articles
- Five stocks we like better than SSAB AB (publ)
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Ford Stock EPS Disappoints, Shares Plummet After-Hours
- What Makes a Stock a Good Dividend Stock?
- How Much Should You Be Investing? Try Our Calculators
- With Risk Tolerance, One Size Does Not Fit All
- Enphase Energy Stock: Growth in the Renewable Energy Transition
Receive News & Ratings for SSAB AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSAB AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.