Saab AB (OTCMKTS:SAABY - Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $26.15 and last traded at $25.92, with a volume of 166674 shares changing hands. The stock had previously closed at $25.68.
Wall Street Analysts Forecast Growth
Separately, UBS Group upgraded shares of Saab from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 24th.
Check Out Our Latest Analysis on SAABY
Saab Stock Up 4.9%
The stock has a market cap of $28.52 billion, a P/E ratio of 66.60 and a beta of -0.03. The firm's 50-day moving average is $22.81.
Saab (OTCMKTS:SAABY - Get Free Report) last announced 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 during the quarter.
Saab Announces Dividend
The business also recently announced a dividend, which was paid on Friday, May 2nd. Shareholders of record on Monday, April 14th were paid a dividend of $0.0493 per share. The ex-dividend date was Monday, April 14th. Saab's dividend payout ratio is presently 15.00%.
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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