Saab AB - Unsponsored ADR (OTCMKTS:SAABY - Get Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $27.10 and last traded at $27.10, with a volume of 25830 shares trading hands. The stock had previously closed at $25.97.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the company. Citigroup downgraded Saab from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday. UBS Group raised Saab from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 24th.
Get Our Latest Analysis on SAABY
Saab Price Performance
The company has a market cap of $29.11 billion, a P/E ratio of 67.14 and a beta of -0.03. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 1.32. The firm's fifty day moving average is $24.00.
Saab (OTCMKTS:SAABY - Get Free Report) last posted its earnings results on Friday, April 25th. The company reported $0.11 earnings per share (EPS) for the quarter. Saab had a net margin of 7.14% and a return on equity of 12.81%. The firm had revenue of $1.48 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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