SSAB (OTCMKTS:SSAAY) Shares Gap Down – Here’s What Happened

Posted by Joseph Griffin on Sep 25th, 2026

SSAB (OTCMKTS:SSAAY – Get Free Report)’s share price gapped down before the market opened on Friday. The stock had previously closed at $5.57, but opened at $5.37. SSAB shares last traded at $5.37, with a volume of 1,517 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Morgan Stanley restated an “overweight” rating on shares of SSAB in a report on Tuesday, July 28th. Citigroup reissued a “buy” rating on shares of SSAB in a report on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SSAB in a research note on Friday, September 4th. Finally, Dnb Carnegie cut SSAB from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

View Our Latest Research Report on SSAB

SSAB Price Performance

The company has a market cap of $10.70 billion, a PE ratio of 17.90 and a beta of 1.42. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.43 and a quick ratio of 1.37. The stock’s 50-day moving average is $5.41 and its 200 day moving average is $4.92.

SSAB (OTCMKTS:SSAAY – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The basic materials company reported $0.11 earnings per share (EPS) for the quarter. SSAB had a net margin of 5.73% and a return on equity of 8.18%. The business had revenue of $2.94 billion for the quarter. On average, equities analysts anticipate that SSAB will post 0.39 earnings per share for the current fiscal year.

SSAB Company Profile

(Get Free Report)

SSAB AB is a Sweden-based steel company that develops and produces high-strength, special, and conventional steel products for industrial customers worldwide. Its offerings include advanced high-strength steels, wear-resistant steels, quenched and tempered steels, structural steels, and color-coated products used in vehicles, construction equipment, infrastructure, energy, and other industrial applications.

The company operates through business areas including SSAB Special Steels, SSAB Europe, and SSAB Americas.