SSAB AB (publ) (OTCMKTS:SSAAF) Shares Up 23.3% – Here’s Why

SSAB AB (publ) (OTCMKTS:SSAAF) shares rose 23.3% on Wednesday . The company traded as high as $7.25 and last traded at $7.25. Approximately 200 shares changed hands during trading, a decline of 86% from the average daily volume of 1,394 shares. The stock had previously closed at $5.8815.

SSAB AB (publ) Trading Up 23.3%

The company has a 50-day moving average price of $6.80 and a 200-day moving average price of $6.31.

SSAB AB (publ) Company Profile

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.