Saab AB - Unsponsored ADR (OTCMKTS:SAABY - Get Free Report) shares saw strong trading volume on Friday . 427,062 shares changed hands during trading, an increase of 143% from the previous session's volume of 176,088 shares.The stock last traded at $26.17 and had previously closed at $27.19.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on SAABY shares. Citigroup cut Saab from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday, June 24th. Pareto Securities raised Saab to a "hold" rating in a research report on Monday, July 21st.
Check Out Our Latest Stock Report on Saab
Saab Stock Down 3.8%
The business's 50-day simple moving average is $26.06 and its 200-day simple moving average is $21.07. The company has a market capitalization of $27.99 billion, a PE ratio of 42.87 and a beta of -0.02. The company has a current ratio of 1.30, a quick ratio of 0.84 and a debt-to-equity ratio of 0.20.
Saab (OTCMKTS:SAABY - Get Free Report) last issued its earnings results on Friday, July 18th. The company reported $0.29 EPS for the quarter. Saab had a return on equity of 13.82% and a net margin of 7.45%. The firm had revenue of $2.05 billion for the quarter.
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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