Saab AB – Unsponsored ADR (OTCMKTS:SAABY – Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $38.23, but opened at $37.01. Saab shares last traded at $37.19, with a volume of 8,775 shares traded.
Saab News Summary
Here are the key news stories impacting Saab this week:
- Positive Sentiment: Saab will parallelize production of its new A‑26 submarines across multiple plants to meet delivery targets for three boats ordered by Poland — a move that should accelerate revenue recognition and reduce schedule risk if executed successfully. This is the most direct operational catalyst in the news set. Saab to parallelize production of its submarines to meet targets
- Positive Sentiment: Saab is lobbying Canada to buy 72 Gripen fighters and 6 GlobalEye AEW&C aircraft, tying the purchase to a promise of ~12,600 Canadian jobs. If Ottawa awards a large package to Saab it would be a material order and local industrial work share that could boost backlog and future cash flows — but the deal is not confirmed. Saab wants Canada to buy 72 Gripens and 6 GlobalEyes to fulfil promise of 12,600 jobs
- Neutral Sentiment: Saab is exhibiting at DIMDEX 2026 (defence expo), continuing its marketing and customer engagement efforts in the Middle East — useful for long‑term export pipeline but not an immediate revenue guarantee. Saab at DIMDEX 2026
Saab Price Performance
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 firm has a market cap of $40.31 billion, a price-to-earnings ratio of 61.23 and a beta of -0.19. The stock’s fifty day moving average price is $28.14 and its 200-day moving average price is $27.65.
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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