SSAB AB (publ) (OTCMKTS:SSAAY) Reaches New 52-Week Low at $2.35

SSAB AB (publ) (OTCMKTS:SSAAY)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $2.35 and last traded at $2.35, with a volume of 1518 shares traded. The stock had previously closed at $2.50.

SSAB AB (publ) Stock Performance

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 business has a 50 day moving average of $2.62 and a 200 day moving average of $3.03. The company has a market capitalization of $4.94 billion, a P/E ratio of 4.36 and a beta of 1.49.

SSAB AB (publ) (OTCMKTS:SSAAY) last posted its earnings results on Wednesday, July 24th. The basic materials company reported $0.11 earnings per share for the quarter. SSAB AB (publ) had a net margin of 9.34% and a return on equity of 14.80%. The firm had revenue of $2.65 billion during the quarter. On average, sell-side analysts predict that SSAB AB will post 0.34 earnings per share for the current 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.