Saab (OTCMKTS:SAABY) Releases Quarterly Earnings Results

Saab (OTCMKTS:SAABYGet Free Report) released its earnings results on Thursday. The company reported $0.25 earnings per share for the quarter, Zacks reports. Saab had a return on equity of 13.23% and a net margin of 7.17%.

Saab Stock Down 2.1%

Shares of SAABY stock traded down $0.75 during trading on Thursday, reaching $35.42. The company’s stock had a trading volume of 85,826 shares, compared to its average volume of 244,558. Saab has a 1-year low of $9.68 and a 1-year high of $40.77. The stock’s 50-day moving average price is $32.09 and its 200 day moving average price is $29.09. The company has a market capitalization of $37.92 billion, a price-to-earnings ratio of 57.59 and a beta of -0.19. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.33 and a quick ratio of 0.83.

Saab News Summary

Here are the key news stories impacting Saab this week:

Saab Company Profile

(Get Free Report)

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.

Further Reading

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