SSAB AB (publ) (OTCMKTS:SSAAY) Trading Up 4.2%

Shares of SSAB AB (publ) (OTCMKTS:SSAAY) traded up 4.2% during trading on Wednesday . The company traded as high as $2.81 and last traded at $2.81. 216 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 2,838 shares. The stock had previously closed at $2.70.

SSAB AB (publ) Price Performance

The company’s fifty day moving average is $2.80 and its two-hundred day moving average is $3.35. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 2.68. The firm has a market cap of $5.79 billion, a price-to-earnings ratio of 5.11 and a beta of 1.49.

SSAB AB (publ) (OTCMKTS:SSAAY) last issued its quarterly earnings data on Wednesday, April 24th. The basic materials company reported $0.12 EPS for the quarter. The company had revenue of $2.61 billion for the quarter. SSAB AB (publ) had a return on equity of 17.12% and a net margin of 10.37%. Equities research analysts forecast that SSAB AB will post 0.34 EPS for the current year.

SSAB AB (publ) Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, May 17th. Stockholders of record on Friday, April 26th were paid a $0.2366 dividend. The ex-dividend date was Thursday, April 25th. SSAB AB (publ)’s dividend payout ratio (DPR) is presently 23.64%.

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.