Saab (OTCMKTS:SAABY) Announces Quarterly Earnings Results

Saab (OTCMKTS:SAABY) posted its quarterly earnings results on Thursday. The company reported $0.15 earnings per share (EPS) for the quarter, Zacks reports. Saab had a net margin of 7.99% and a return on equity of 15.73%.

Saab Stock Up 2.9%

OTCMKTS:SAABY opened at $31.42 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.30 and a quick ratio of 0.90. The company’s fifty day moving average price is $34.58 and its 200-day moving average price is $31.72. Saab has a 1-year low of $21.04 and a 1-year high of $40.77. The firm has a market capitalization of $33.64 billion, a P/E ratio of 42.46 and a beta of -0.07.

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.