SSAB AB (publ) (OTCMKTS:SSAAY – Get Rating) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 1,000 shares, a decline of 92.1% from the April 30th total of 12,600 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is currently 0.3 days.
Shares of SSAAY stock traded down $0.03 during midday trading on Wednesday, reaching $2.90. 5,100 shares of the company were exchanged, compared to its average volume of 3,232. SSAB AB has a 12 month low of $2.28 and a 12 month high of $4.03. The company has a market cap of $5.98 billion, a P/E ratio of 2.76 and a beta of 1.25. The company’s 50 day moving average price is $3.22 and its two-hundred day moving average price is $2.99. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.07 and a current ratio of 2.06.
The business also recently declared a dividend, which was paid on Thursday, April 28th. Shareholders of record on Friday, April 8th were given a dividend of $0.2045 per share. The ex-dividend date was Thursday, April 7th. This represents a dividend yield of 5.62%. SSAB AB (publ)’s dividend payout ratio (DPR) is 19.05%.
SSAB AB (publ) Company Profile (Get Rating)
SSAB AB (publ) produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, 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 hot-rolled advanced high-strength steel products.
- Get a free copy of the StockNews.com research report on SSAB AB (publ) (SSAAY)
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