SSAB (OTCMKTS:SSAAY) Shares Gap Up – Time to Buy?

Posted by Joseph Griffin on Sep 15th, 2026

SSAB (OTCMKTS:SSAAY – Get Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $5.3190, but opened at $5.54. SSAB shares last traded at $5.54, with a volume of 101 shares traded.

Wall Street Analyst Weigh In

Several research analysts recently commented on SSAAY shares. Dnb Carnegie lowered shares of SSAB from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 23rd. Morgan Stanley restated an “overweight” rating on shares of SSAB in a research note on Tuesday, July 28th. Citigroup reaffirmed a “buy” rating on shares of SSAB in a report on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of SSAB in a research report on Friday, September 4th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, SSAB has a consensus rating of “Moderate Buy”.

Read Our Latest Research Report on SSAAY

SSAB Price Performance

The stock has a market cap of $10.90 billion, a price-to-earnings ratio of 18.23 and a beta of 1.42. The stock’s 50 day moving average price is $5.32 and its two-hundred day moving average price is $4.86. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.10.

SSAB (OTCMKTS:SSAAY – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The basic materials company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $2.94 billion during the quarter. SSAB had a net margin of 5.73% and a return on equity of 8.18%. Equities research analysts forecast that SSAB will post 0.39 EPS 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.