Saab AB – Unsponsored ADR (OTCMKTS:SAABY – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $40.37 and last traded at $40.37, with a volume of 15992 shares. The stock had previously closed at $39.38.
Saab Stock Down 0.8%
The firm has a market capitalization of $42.53 billion, a price-to-earnings ratio of 65.12 and a beta of -0.19. The firm has a fifty day moving average price of $31.01 and a 200 day moving average price of $28.73. The company has a current ratio of 1.33, a quick ratio of 0.83 and a debt-to-equity ratio of 0.27.
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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