Saab AB - Unsponsored ADR (OTCMKTS:SAABY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $28.87, but opened at $26.97. Saab shares last traded at $26.74, with a volume of 28,402 shares.
Analyst Ratings Changes
SAABY has been the topic of a number of recent analyst reports. Citigroup cut shares of Saab from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday, June 24th. Pareto Securities upgraded shares of Saab to a "hold" rating in a research note on Monday.
View Our Latest Report on Saab
Saab Stock Performance
The company has a market cap of $29.87 billion, a P/E ratio of 45.74 and a beta of -0.01. The business's 50 day simple moving average is $25.36 and its 200 day simple moving average is $19.78. The company has a current ratio of 1.32, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21.
Saab (OTCMKTS:SAABY - Get Free Report) last released its quarterly earnings data on Friday, July 18th. The company reported $0.29 earnings per share (EPS) for the quarter. The firm had revenue of $2.05 billion for 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.
See Also
Before you consider Saab, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Saab wasn't on the list.
While Saab currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
