Shares of Saab AB - Unsponsored ADR (OTCMKTS:SAABY - Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as $28.79 and last traded at $28.57, with a volume of 24491 shares traded. The stock had previously closed at $24.63.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on the company. Citigroup cut Saab from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, June 24th. UBS Group raised Saab from a "hold" rating to a "strong-buy" rating in a report on Monday, March 24th.
Check Out Our Latest Stock Analysis on SAABY
Saab Stock Performance
The company has a current ratio of 1.32, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. The stock has a fifty day moving average price of $25.01 and a 200-day moving average price of $19.42. The firm has a market capitalization of $30.95 billion, a price-to-earnings ratio of 71.38 and a beta of -0.01.
Saab (OTCMKTS:SAABY - Get Free Report) last issued its earnings results on Friday, July 18th. The company reported $0.29 earnings per share (EPS) for the quarter. Saab had a return on equity of 12.81% and a net margin of 7.14%. The business had revenue of $2.05 billion during the quarter.
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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