SSAB AB (publ) (OTCMKTS:SSAAY) Releases Earnings Results

SSAB AB (publ) (OTCMKTS:SSAAY) posted its quarterly earnings results on Wednesday. The basic materials company reported $0.11 EPS for the quarter, reports. The business had revenue of $2.65 billion during the quarter. SSAB AB (publ) had a return on equity of 14.80% and a net margin of 9.34%.

SSAB AB (publ) Stock Performance

OTCMKTS:SSAAY opened at $2.70 on Friday. The firm’s fifty day simple moving average is $2.79 and its 200-day simple moving average is $3.24. 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 stock has a market cap of $5.56 billion, a PE ratio of 5.84 and a beta of 1.49. SSAB AB has a fifty-two week low of $2.51 and a fifty-two week high of $4.01.

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.