Saab AB (OTCMKTS:SAABY - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $22.13 and last traded at $22.05, with a volume of 612379 shares. The stock had previously closed at $21.59.
Wall Street Analyst Weigh In
Separately, UBS Group upgraded Saab from a "hold" rating to a "strong-buy" rating in a report on Monday, March 24th.
View Our Latest Stock Analysis on SAABY
Saab Price Performance
The company has a 50 day simple moving average of $18.14. The company has a market cap of $24.54 billion, a PE ratio of 63.68 and a beta of -0.03.
Saab Dividend Announcement
The company also recently declared a dividend, which will be paid on Friday, May 2nd. Shareholders of record on Monday, April 14th will be given a dividend of $0.0493 per share. The ex-dividend date is Monday, April 14th. Saab's payout ratio is 16.67%.
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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