SSAB AB (publ) (OTCMKTS:SSAAY) Short Interest Up 27.8% in December
From MarketBeat:
SSAB AB (publ) (OTCMKTS:SSAAY) saw a large increase in short interest in December, with 2,300 shares, a 27.8% spike from November. The short-interest ratio is 1.4 days based on an average trading volume of 1,700 shares. (Source: MarketBeat)
SSAAY remained flat at $3.90 on Friday. The company’s fifty day moving average price is $3.45, with a market cap of $8.03 billion. SSAB AB has a current ratio of 2.63 and a quick ratio of 1.45. (Source: MarketBeat)
SSAAY reported earnings of $0.16 per share with $2.71 billion in revenue for the last quarter, and a negative net margin. Analysts expect 0.6 earnings per share for the year. (Source: MarketBeat)
Barclays raised shares of SSAB AB (publ) from an “equal weight” rating to an “overweight” rating. The stock currently has an average rating of “Hold” and an average price target of $59.00. (Source: MarketBeat)
SSAB AB (publ) produces and sells steel products internationally and operates through five segments. The company is known for its advanced high-strength steel products. (Source: MarketBeat)
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