Saab AB – Unsponsored ADR (OTCMKTS:SAABY – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $28.45, but opened at $26.44. Saab shares last traded at $26.4150, with a volume of 5,175 shares changing hands.
Saab Stock Down 0.0%
The business’s 50 day moving average is $32.92 and its 200 day moving average is $32.03. The company has a market capitalization of $28.20 billion, a price-to-earnings ratio of 33.77 and a beta of -0.14. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.90 and a current ratio of 1.30.
Saab (OTCMKTS:SAABY – Get Free Report) last released its earnings results on Thursday, April 23rd. The company reported $0.15 EPS for the quarter. Saab had a net margin of 7.87% and a return on equity of 15.98%. The company had revenue of $2.10 billion during the quarter.
About Saab
Saab AB is a Sweden-based aerospace and defense company that develops, manufactures and supplies products, services and solutions for military and civil security markets. Founded in 1937 as an aircraft manufacturer, the company has diversified into areas including combat aircraft, airborne surveillance, radar and sensor systems, missiles and weapons, naval vessels and underwater systems, as well as command-and-control, training and simulation and cybersecurity solutions.
In aeronautics, Saab is best known for its Gripen family of multi-role fighter aircraft and for airborne surveillance solutions that integrate radars and sensors.
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