Saab AB (OTCMKTS:SAABY - Get Free Report)'s stock price was up 0.3% during mid-day trading on Friday . The company traded as high as $23.27 and last traded at $22.93. Approximately 72,973 shares changed hands during trading, a decline of 63% from the average daily volume of 199,528 shares. The stock had previously closed at $22.87.
Analyst Upgrades and Downgrades
Separately, UBS Group upgraded Saab from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 24th.
Get Our Latest Stock Analysis on SAABY
Saab Stock Up 0.1%
The company's 50 day moving average is $21.66. The company has a market cap of $25.69 billion, a P/E ratio of 60.00 and a beta of -0.05.
Saab (OTCMKTS:SAABY - Get Free Report) last posted its quarterly earnings results on Friday, April 25th. The company reported $0.11 EPS for the quarter. The business had revenue of $1.48 billion during the quarter.
Saab Announces Dividend
The firm also recently declared a dividend, which was paid on Friday, May 2nd. Investors of record on Monday, April 14th were issued a $0.0493 dividend. The ex-dividend date of this dividend was Monday, April 14th. Saab's dividend payout ratio is presently 15.00%.
Saab Company Profile
(
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 Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
