SSAB AB (publ) (OTCMKTS:SSAAY) Sets New 52-Week Low – Should You Sell?

SSAB AB (publ) (OTCMKTS:SSAAYGet Free Report)’s share price hit a new 52-week low during trading on Friday . The company traded as low as $1.97 and last traded at $2.02, with a volume of 2106 shares changing hands. The stock had previously closed at $2.15.

SSAB AB (publ) Stock Performance

The company has a quick ratio of 1.55, a current ratio of 2.83 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $2.31 and a two-hundred day moving average price of $2.45. The firm has a market cap of $4.02 billion, a PE ratio of 5.45 and a beta of 1.42.

SSAB AB (publ) (OTCMKTS:SSAAYGet Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The basic materials company reported $0.05 earnings per share for the quarter. SSAB AB (publ) had a return on equity of 11.51% and a net margin of 7.47%. The company had revenue of $2.34 billion for the quarter. Research analysts forecast that SSAB AB will post 0.3 EPS for the current fiscal year.

About SSAB AB (publ)

(Get Free Report)

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.

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