Saab AB - Unsponsored ADR (OTCMKTS:SAABY - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $28.79 and last traded at $28.57, with a volume of 24491 shares trading hands. The stock had previously closed at $24.63.
Analysts Set New Price Targets
Several analysts have recently issued reports on the stock. UBS Group raised shares of Saab from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 24th. Citigroup cut shares of Saab from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday, June 24th.
Read Our Latest Stock Report on Saab
Saab Trading Down 4.7%
The business's 50-day moving average is $25.01 and its two-hundred day moving average is $19.54. 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 market capitalization of $29.45 billion, a PE ratio of 45.10 and a beta of -0.01.
Saab (OTCMKTS:SAABY - Get Free Report) last posted its quarterly earnings data on Friday, July 18th. The company reported $0.29 earnings per share for the quarter. The company had revenue of $2.05 billion during the quarter. Saab had a net margin of 7.45% and a return on equity of 14.46%.
About Saab
(
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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