SSAB AB (publ) (OTCMKTS:SSAAY) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS

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

SSAB AB (publ) Price Performance

Shares of SSAAY remained flat at $2.21 during mid-day trading on Thursday. The stock had a trading volume of 117 shares, compared to its average volume of 3,283. 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 stock has a market cap of $4.40 billion, a P/E ratio of 5.97 and a beta of 1.41. SSAB AB has a fifty-two week low of $1.89 and a fifty-two week high of $4.01. The stock’s fifty day moving average price is $2.16 and its 200-day moving average price is $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.