Saab AB – Unsponsored ADR (OTCMKTS:SAABY) Short Interest Up 56.9% in December

Saab AB – Unsponsored ADR (OTCMKTS:SAABY) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 74,933 shares, a growth of 56.9% from the November 30th total of 47,745 shares. Based on an average daily trading volume, of 136,865 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 136,865 shares, the short-interest ratio is presently 0.5 days.

Trending Headlines about Saab

Here are the key news stories impacting Saab this week:

• Neutral Sentiment: Widespread media coverage of the trailer and promotional events for the film “The Raja Saab” — multiple outlets report the trailer release and star appearances. This is entertainment coverage and not related to Saab AB’s business; it may cause search/noise but should not affect fundamentals. The Raja Saab Hindi trailer out
• Neutral Sentiment: Classic-car listings and features — a 2007 Saab 9-3 sale listing appeared in the feed. Consumer auto classifieds and single-vehicle stories are unrelated to Saab AB’s defence operations. 2007 Saab 9-3 for sale
• Neutral Sentiment: Viral restoration content — a video feature shows someone starting a Saab 95 after 55 years. Interesting for classic-car enthusiasts, but not material for Saab AB investors. Watch This Guy Start a Saab 95 After It Sat for 55 Years
• Neutral Sentiment: Historical/technical article on Saab automotive engineering (first production clutchless manual) — a retrospective on the car maker’s technology has no direct bearing on Saab AB’s current defence contracts or financials. Saab Built The First Production Clutchless Manual

Saab Stock Performance

OTCMKTS SAABY opened at $28.52 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.33 and a quick ratio of 0.83. The company has a fifty day moving average price of $26.75 and a 200-day moving average price of $27.06. Saab has a 1 year low of $9.68 and a 1 year high of $31.29. The firm has a market cap of $30.53 billion, a price-to-earnings ratio of 46.37 and a beta of -0.18.

Saab (OTCMKTS:SAABY) last released its quarterly earnings results on Friday, October 24th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $1.67 billion for the quarter. Saab had a net margin of 7.17% and a return on equity of 13.23%.

Analyst Ratings Changes

Separately, Barclays upgraded shares of Saab to a “strong sell” rating in a report on Monday, September 8th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Saab Company Profile

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.