SSAB (OTCMKTS:SSAAY) Shares Gap Up – Should You Buy?

Posted by Tammy Falkenburg on Sep 17th, 2026

SSAB (OTCMKTS:SSAAY – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $5.3190, but opened at $5.54. SSAB shares last traded at $5.54, with a volume of 101 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SSAB in a research note on Friday, September 4th. Morgan Stanley reaffirmed an “overweight” rating on shares of SSAB in a research report on Tuesday, July 28th. Dnb Carnegie downgraded SSAB from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. Finally, Citigroup reissued a “buy” rating on shares of SSAB in a research report on Tuesday. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Get Our Latest Report on SSAAY

SSAB Stock Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.37 and a current ratio of 2.43. The stock has a market cap of $11.10 billion, a P/E ratio of 18.57 and a beta of 1.42. The firm’s 50 day moving average is $5.35 and its 200 day moving average is $4.87.

SSAB (OTCMKTS:SSAAY – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The basic materials company reported $0.11 earnings per share for the quarter. SSAB had a net margin of 5.73% and a return on equity of 8.18%. The company had revenue of $2.94 billion during the quarter. Analysts anticipate that SSAB will post 0.39 EPS for the current year.

SSAB Company Profile

(Get Free Report)

SSAB AB is a Sweden-based steel company that develops and produces high-strength, special, and conventional steel products for industrial customers worldwide. Its offerings include advanced high-strength steels, wear-resistant steels, quenched and tempered steels, structural steels, and color-coated products used in vehicles, construction equipment, infrastructure, energy, and other industrial applications.

The company operates through business areas including SSAB Special Steels, SSAB Europe, and SSAB Americas.