OTCMKTS:SSAAY

SSAB AB (publ) Stock Forecast, Price & News

$2.19

0.00 (0.00 %)

(As of 02/25/2021 12:00 AM ET)

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Today's Range

$2.19

Now: $2.19▼

$2.19

50-Day Range

$1.84

MA: $2.06▼

$2.26

52-Week Range

$0.96

Now: $2.19▼

$2.38

Volume68 shs

Average Volume19,594 shs

Market Capitalization$4.51 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.25

SSAB AB (publ) produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally. It operates in five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and hot-rolled advanced high-strength steel products. The SSAB Europe segment provides strip, plate, and tubular products The SSAB Americas segment offers heavy steel plates. The Tibnor segment distributes a range of steel and non-ferrous metals in the Nordic region and the Baltics. The Ruukki Construction segment produces and sells building and construction products and services for residential and non-residential construction. The company markets its steel products under the Strenx, Hardox, Docol, GreenCoat, Toolox, Armox, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering and Cor-Ten, and SSAB Multisteel brands. It serves the heavy transport, construction, automotive, industrial, construction machinery, energy, material handling, and service center industries. The company was founded in 1978 and is headquartered in Stockholm, Sweden.

Headlines

Half of production at SSAB Lulea plant halted after roof breaks
February 24, 2021 | nasdaq.com

SSAB AB (publ) (SSAAY)
February 2, 2021 | au.finance.yahoo.com

SSAB AB (SSAAF) CEO Martin Lindqvist on Q4 2020 Results - Earnings Call Transcript
January 31, 2021 | seekingalpha.com

UPDATE 3-Sweden's SSAB abandons plan to buy Tata Steel's Dutch plant
January 30, 2021 | reuters.com

Sweden's SSAB exits deal talk with Tata Steel Netherlands
January 29, 2021 | nasdaq.com

Swedish co SSAB drops plans to buy Tata Steel’s Dutch biz
January 29, 2021 | msn.com

Setback for Tata Steel, talks with SSAB to sell Dutch unit collapse
January 29, 2021 | msn.com

UPDATE 1-Sweden's SSAB exits deal talk with Tata Steel Netherlands
January 29, 2021 | reuters.com

Sweden's SSAB abandons plan to buy Tata Steel's Dutch plant
January 29, 2021 | finance.yahoo.com

Sensex, Nifty Open Lower In Cautious Trade
January 28, 2021 | nasdaq.com

Coated Steel Market Report: Threats, Industry Trends and Demand and Scope | ArcelorMittal, SSAB AB (publ)
December 22, 2020 | marketwatch.com

Liberty, Thyssen Steel Talks Set to Advance to Due Diligence
November 25, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange OTCMKTS

Industry Steel works, blast furnaces, & rolling & finishing mills

Sub-IndustryN/A

SectorBasic Materials

Current SymbolOTCMKTS:SSAAY

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.ssab.com

Phone46-8454-5700

Employees13,974

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.17

Current Ratio1.55

Quick Ratio0.69

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$8.09 billion

Price / Sales0.56

Cash Flow$0.32 per share

Price / Cash Flow6.84

Book Value$3.10 per share

Price / Book0.71

Profitability

EPS (Most Recent Fiscal Year)$0.06

Net Income$113.74 million

Net Margins-3.25%

Return on Equity-3.47%

Return on Assets-2.18%

Miscellaneous

Outstanding Shares2,060,000,000

Market Cap$4.51 billion

Next Earnings Date4/26/2021 (Estimated)

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

0.69 out of 5 stars

Basic Materials Sector

427th out of 823 stocks

Steel Works, Blast Furnaces, & Rolling & Finishing Mills Industry

12th out of 14 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for SSAB AB (publ).

2.2 Community Rank

Outperform Votes
SSAB AB (publ) has received 180 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
SSAB AB (publ) has received 230 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
SSAB AB (publ) has received 56.10% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about SSAB AB (publ) and other stocks. Vote “Outperform” if you believe SSAAY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SSAAY will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
SSAB AB (publ) does not currently pay a dividend.
Dividend Growth
SSAB AB (publ) does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SSAB AB (publ) insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Earnings Growth
Earnings for SSAB AB (publ) are expected to grow in the coming year, from ($0.05) to $0.10 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SSAB AB (publ) is -24.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of SSAB AB (publ) is -24.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
SSAB AB (publ) has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$2.19

0.00 (0.00 %)

(As of 02/25/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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SSAB AB (publ) (OTCMKTS:SSAAY) Frequently Asked Questions

Is SSAB AB (publ) a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SSAB AB (publ) in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SSAB AB (publ) stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SSAAY, but not buy additional shares or sell existing shares.
View analyst ratings for SSAB AB (publ) or view top-rated stocks.

What stocks does MarketBeat like better than SSAB AB (publ)?

Wall Street analysts have given SSAB AB (publ) a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but SSAB AB (publ) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting SSAB AB (publ)?

SSAB AB (publ) saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 2,200 shares, an increase of 633.3% from the January 14th total of 300 shares. Based on an average trading volume of 400 shares, the short-interest ratio is presently 5.5 days.
View SSAB AB (publ)'s Short Interest.

When is SSAB AB (publ)'s next earnings date?

SSAB AB (publ) is scheduled to release its next quarterly earnings announcement on Monday, April 26th 2021.
View our earnings forecast for SSAB AB (publ).

How were SSAB AB (publ)'s earnings last quarter?

SSAB AB (publ) (OTCMKTS:SSAAY) released its earnings results on Friday, January, 29th. The basic materials company reported $0.02 earnings per share (EPS) for the quarter. The basic materials company had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.80 billion. SSAB AB (publ) had a negative trailing twelve-month return on equity of 3.47% and a negative net margin of 3.25%.
View SSAB AB (publ)'s earnings history.

How has SSAB AB (publ)'s stock price been impacted by COVID-19?

SSAB AB (publ)'s stock was trading at $1.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SSAAY stock has increased by 56.4% and is now trading at $2.19.
View which stocks have been most impacted by COVID-19.

Who are SSAB AB (publ)'s key executives?

SSAB AB (publ)'s management team includes the following people:

Mr. Martin Lindqvist Eng., M.B.A., Pres, CEO & Director (Age 51)
Mr. HÃ¥kan Folin MSc, Exec. VP & CFO (Age 45)
Mr. Martin Pei, Exec. VP & CTO (Age 58)
Mr. Per HillstrÃ¶m, Head of Investor Relations
Mr. Jonas Bergstrand LLM, Exec. VP, Head of Legal, M&A, Procurement and Sec. (Age 56)
Ms. Christina BÃ¥ge-Friborg, Exec. VP and Head of Sustainability, Ethics, Compliance, Health & Safety (Age 52)
Ms. Mia Widell, Head of Group Communications
Ms. Maria LÃ¥ngberg, Exec. VP, Head of People, Culture & Communication and Acting Head of Sustainability (Age 51)
Dr. Steven Hansen, VP & Chief Technical Officer of SSAB Americas (Age 71)
Mr. Tim Wensits, Chief Information Officer & VP of SSAB NAD

Who are some of SSAB AB (publ)'s key competitors?

Some companies that are related to SSAB AB (publ) include Nippon Steel (NPSCY), NIPPON STL & SU/S (NSSMY), EVRAZ (EVRZF), Companhia Siderúrgica Nacional (SID), Gerdau (GGB), Worthington Industries (WOR), Gibraltar Industries (ROCK), Insteel Industries (IIIN), Haynes International (HAYN), Friedman Industries (FRD), General Steel (GSIH) and China Gerui Advanced Materials Group (CHOPF).
View all of SSAAY's competitors.

What is SSAB AB (publ)'s stock symbol?

SSAB AB (publ) trades on the OTCMKTS under the ticker symbol "SSAAY."

How do I buy shares of SSAB AB (publ)?

Shares of SSAAY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SSAB AB (publ)'s stock price today?

One share of SSAAY stock can currently be purchased for approximately $2.19.

How much money does SSAB AB (publ) make?

SSAB AB (publ) has a market capitalization of $4.51 billion and generates $8.09 billion in revenue each year. The basic materials company earns $113.74 million in net income (profit) each year or $0.06 on an earnings per share basis.

How many employees does SSAB AB (publ) have?

SSAB AB (publ) employs 13,974 workers across the globe.

What is SSAB AB (publ)'s official website?

The official website for SSAB AB (publ) is www.ssab.com.

Where are SSAB AB (publ)'s headquarters?

SSAB AB (publ) is headquartered at Klarabergsviadukten 70 D6 PO Box 70, Stockholm V7, 10121.

How can I contact SSAB AB (publ)?

SSAB AB (publ)'s mailing address is Klarabergsviadukten 70 D6 PO Box 70, Stockholm V7, 10121. The basic materials company can be reached via phone at 46-8454-5700 or via email at [email protected]

This page was last updated on 2/26/2021 by MarketBeat.com Staff

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