Saab AB - Unsponsored ADR (OTCMKTS:SAABY - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $25.79, but opened at $24.50. Saab shares last traded at $24.71, with a volume of 27,877 shares changing hands.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on SAABY shares. Citigroup downgraded Saab from a "strong-buy" rating to a "strong sell" rating in a research report on Tuesday. UBS Group upgraded Saab from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 24th.
View Our Latest Report on SAABY
Saab Trading Up 5.6%
The firm's 50-day simple moving average is $24.09. The company has a market cap of $29.35 billion, a P/E ratio of 67.70 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.
Saab (OTCMKTS:SAABY - Get Free Report) last released its earnings results on Friday, April 25th. The company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $1.48 billion during the quarter. Saab had a return on equity of 12.81% and a net margin of 7.14%.
Saab Company Profile
(
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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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