SSAB AB (publ) (OTCMKTS:SSAAY) Reaches New 1-Year Low – What’s Next?

SSAB AB (publ) (OTCMKTS:SSAAY)’s stock price reached a new 52-week low on Wednesday . The company traded as low as $1.89 and last traded at $1.94, with a volume of 8337 shares changing hands. The stock had previously closed at $2.03.

SSAB AB (publ) Stock Down 4.4 %

The company has a market capitalization of $3.87 billion, a price-to-earnings ratio of 5.24 and a beta of 1.41. 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 $2.24 and a two-hundred day moving average price of $2.40.

SSAB AB (publ) (OTCMKTS:SSAAY) last issued its quarterly earnings data on Wednesday, October 23rd. The basic materials company reported $0.05 earnings per share for the quarter. The firm had revenue of $2.34 billion during the quarter. SSAB AB (publ) had a return on equity of 11.51% and a net margin of 7.47%. As a group, sell-side analysts expect that SSAB AB will post 0.3 earnings per share 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.