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 $27.12, but opened at $26.10. Saab shares last traded at $27.19, with a volume of 11,058 shares traded.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on SAABY shares. Citigroup downgraded Saab from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday, June 24th. Pareto Securities upgraded Saab to a "hold" rating in a report on Monday, July 21st.
Get Our Latest Analysis on Saab
Saab Stock Performance
The stock has a market capitalization of $28.16 billion, a P/E ratio of 43.12 and a beta of -0.02. The company has a current ratio of 1.30, a quick ratio of 0.84 and a debt-to-equity ratio of 0.20. The company's fifty day simple moving average is $26.06 and its 200 day simple moving average is $21.07.
Saab (OTCMKTS:SAABY - Get Free Report) last announced its quarterly earnings data on Friday, July 18th. The company reported $0.29 earnings per share for the quarter. Saab had a net margin of 7.45% and a return on equity of 13.82%. The firm had revenue of $2.05 billion during the quarter.
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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