Saab AB – Unsponsored ADR (OTCMKTS:SAABY – Get Free Report) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 74,933 shares, an increase of 56.9% from the November 30th total of 47,745 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 136,865 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 136,865 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s stock are short sold.
Saab News Roundup
Here are the key news stories impacting Saab this week:
- Neutral Sentiment: Coverage of The Raja Saab pre-release event — actor Prabhas praises co-stars (Sanjay Dutt) and the director; lots of fan attention and media buzz around promotional appearances. Article Title
- Neutral Sentiment: Reports show US advance bookings for The Raja Saab are underperforming versus recent big Telugu releases (e.g., Kalki 2898 AD), and commentators say the film needs a major North America push. This is box-office news only. Article Title
- Neutral Sentiment: Multiple pieces highlight director Maruthi’s strong promotional claims and cast praise (Malavika Mohanan, Prabhas) and fan moments at events — all entertainment promotion without corporate implications. Article Title
- Neutral Sentiment: Minor fan security incident reported at a public event for The Raja Saab; no injuries and no broader impact beyond local coverage. Article Title
- Neutral Sentiment: Automotive history piece: “Saab Built The First Production Clutchless Manual…” — an interesting feature about the historic Saab car brand; not relevant to Saab AB’s defense/aerospace business or near-term financials. Article Title
Analysts Set New Price Targets
Separately, Barclays raised shares of Saab to a “strong sell” rating in a report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.
Saab Stock Performance
SAABY stock opened at $28.95 on Monday. The stock’s 50 day simple moving average is $26.69 and its 200 day simple moving average is $27.02. Saab has a 12-month low of $9.68 and a 12-month high of $31.29. The firm has a market cap of $30.99 billion, a P/E ratio of 47.07 and a beta of -0.18. The company has a current ratio of 1.33, a quick ratio of 0.83 and a debt-to-equity ratio of 0.27.
Saab (OTCMKTS:SAABY – Get Free Report) last released its earnings results on Friday, October 24th. The company reported $0.09 earnings per share for the quarter. Saab had a net margin of 7.17% and a return on equity of 13.23%. The firm had revenue of $1.67 billion during the quarter.
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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