SSAB AB (publ) (OTCMKTS:SSAAY) Short Interest Update

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

SSAB AB (publ) Stock Up 11.0 %

SSAAY stock opened at $2.45 on Friday. The stock has a market cap of $4.88 billion, a P/E ratio of 7.36 and a beta of 1.41. 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 stock’s fifty day simple moving average is $2.17 and its two-hundred day simple moving average is $2.35. SSAB AB has a 1-year low of $1.89 and a 1-year high of $4.01.

SSAB AB (publ) (OTCMKTS:SSAAY) last posted its quarterly earnings data on Tuesday, January 28th. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). SSAB AB (publ) had a return on equity of 9.40% and a net margin of 6.33%. Analysts expect that SSAB AB will post 0.27 EPS for the current 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.