Saab (OTCMKTS:SAABY - Get Free Report) issued its quarterly earnings results on Friday. The company reported $0.29 earnings per share for the quarter, Zacks reports. Saab had a return on equity of 12.81% and a net margin of 7.14%. The firm had revenue of $2.05 billion during the quarter.
Saab Price Performance
Saab stock traded up $4.28 during midday trading on Friday, reaching $28.91. The company's stock had a trading volume of 169,935 shares, compared to its average volume of 111,875. Saab has a fifty-two week low of $9.68 and a fifty-two week high of $28.99. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 1.32. The stock's 50 day simple moving average is $25.01 and its 200 day simple moving average is $19.42. The firm has a market capitalization of $30.95 billion, a PE ratio of 71.38 and a beta of -0.01.
Wall Street Analyst Weigh In
SAABY has been the subject of several recent research reports. UBS Group raised Saab from a "hold" rating to a "strong-buy" rating in a report on Monday, March 24th. Citigroup downgraded Saab from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, June 24th.
View Our Latest Research Report on Saab
About Saab
(
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Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.
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