Saab AB – Unsponsored ADR (OTCMKTS:SAABY – Get Free Report) was the target of a large growth in short interest in the month of 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 volume of 136,865 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 136,865 shares, the days-to-cover ratio is presently 0.5 days.
Saab News Roundup
Here are the key news stories impacting Saab this week:
- Neutral Sentiment: Coverage of The Raja Saab pre-release event — actor Prabhas praises co-stars (Sanjay Dutt) and the director; lots of fan attention and media buzz around promotional appearances. Article Title
- Neutral Sentiment: Reports show US advance bookings for The Raja Saab are underperforming versus recent big Telugu releases (e.g., Kalki 2898 AD), and commentators say the film needs a major North America push. This is box-office news only. Article Title
- Neutral Sentiment: Multiple pieces highlight director Maruthi’s strong promotional claims and cast praise (Malavika Mohanan, Prabhas) and fan moments at events — all entertainment promotion without corporate implications. Article Title
- Neutral Sentiment: Minor fan security incident reported at a public event for The Raja Saab; no injuries and no broader impact beyond local coverage. Article Title
- Neutral Sentiment: Automotive history piece: “Saab Built The First Production Clutchless Manual…” — an interesting feature about the historic Saab car brand; not relevant to Saab AB’s defense/aerospace business or near-term financials. Article Title
Saab Stock Performance
Shares of OTCMKTS SAABY opened at $28.95 on Monday. Saab has a 12-month low of $9.68 and a 12-month high of $31.29. The company has a market cap of $30.99 billion, a PE ratio of 47.07 and a beta of -0.18. The stock has a 50 day simple moving average of $26.69 and a 200-day simple moving average of $27.02. The company has a current ratio of 1.33, a quick ratio of 0.83 and a debt-to-equity ratio of 0.27.
Analyst Ratings Changes
Separately, Barclays upgraded Saab to a “strong sell” rating in a research note on Monday, September 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.
Check Out Our Latest Research Report on SAABY
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.
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