Saab (OTCMKTS:SAABY – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.15 earnings per share (EPS) for the quarter, Zacks reports. Saab had a net margin of 7.99% and a return on equity of 15.73%.
Saab Trading Up 5.3%
Shares of OTCMKTS SAABY traded up $1.62 during trading hours on Thursday, reaching $32.14. The stock had a trading volume of 63,517 shares, compared to its average volume of 207,098. The company has a current ratio of 1.30, a quick ratio of 0.90 and a debt-to-equity ratio of 0.29. The firm has a market cap of $34.41 billion, a price-to-earnings ratio of 43.43 and a beta of -0.07. The business’s fifty day moving average price is $34.66 and its two-hundred day moving average price is $31.72. Saab has a 52-week low of $21.04 and a 52-week high of $40.77.
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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