Shares of Saab AB (OTCMKTS:SAABY - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $25.85 and last traded at $25.65, with a volume of 348648 shares traded. The stock had previously closed at $24.78.
Analyst Upgrades and Downgrades
Separately, UBS Group upgraded Saab from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 24th.
Check Out Our Latest Stock Report on SAABY
Saab Trading Up 1.6%
The firm's 50 day moving average price is $22.44. The company has a market cap of $27.49 billion, a price-to-earnings ratio of 64.20 and a beta of -0.05.
Saab (OTCMKTS:SAABY - Get Free Report) last released its quarterly earnings data on Friday, April 25th. The company reported $0.11 earnings per share for the quarter. The company had revenue of $1.48 billion for the quarter.
Saab Announces Dividend
The firm also recently declared a dividend, which was paid on Friday, May 2nd. Investors of record on Monday, April 14th were paid a $0.0493 dividend. The ex-dividend date of this dividend was Monday, April 14th. Saab's dividend payout ratio is presently 15.00%.
Saab Company Profile
(
Get Free Report)
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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