SSAB AB (publ) (OTCMKTS:SSAAY) Announces Quarterly Earnings Results

SSAB AB (publ) (OTCMKTS:SSAAY) issued its earnings results on Tuesday. The basic materials company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01), Zacks reports. SSAB AB (publ) had a return on equity of 11.51% and a net margin of 7.47%.

SSAB AB (publ) Price Performance

SSAB AB (publ) stock remained flat at $2.21 during midday trading on Thursday. 117 shares of the company were exchanged, compared to its average volume of 3,283. The firm has a market cap of $4.40 billion, a price-to-earnings ratio of 5.97 and a beta of 1.41. SSAB AB has a 1 year low of $1.89 and a 1 year high of $4.01. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 2.83. The firm has a fifty day moving average of $2.16 and a two-hundred day moving average of $2.35.

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.