SSAB AB (publ) (OTCMKTS:SSAAY) Posts Earnings Results, Misses Expectations By $0.01 EPS

SSAB AB (publ) (OTCMKTS:SSAAY) issued its quarterly earnings data on Tuesday. The basic materials company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01), Zacks reports. SSAB AB (publ) had a net margin of 7.47% and a return on equity of 11.51%.

SSAB AB (publ) Price Performance

OTCMKTS SSAAY remained flat at $2.21 on Thursday. 117 shares of the company’s stock traded hands, compared to its average volume of 3,283. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 2.83. SSAB AB has a 1 year low of $1.89 and a 1 year high of $4.01. The stock’s fifty day simple moving average is $2.16 and its 200-day simple moving average is $2.35. The company has a market capitalization of $4.40 billion, a price-to-earnings ratio of 5.97 and a beta of 1.41.

About SSAB AB (publ)

SSAB AB (publ) produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products for steel and plate production.