Ssab (STO:SSAB-B) Stock Price Passes Above 50-Day Moving Average of $26.82

Ssab Ab (STO:SSAB-B) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $26.82 and traded as high as $30.93. Ssab shares last traded at $30.67, with a volume of 3,719,382 shares trading hands.

The stock has a 50 day moving average price of SEK 26.82 and a 200 day moving average price of SEK 25.90.

About Ssab (STO:SSAB-B)

SSAB AB is a Sweden-based company active within the steel industry. The Company is engaged in the development, manufacture and marketing of high strength steel products and solutions. It develops its products together with customers in order to create an offering comprised of solutions ranging from lightness and durability to strength, efficiency, sustainability and safety.

Further Reading: The benefits and drawbacks of dollar cost averaging

Receive News & Ratings for Ssab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ssab and related companies with MarketBeat.com's FREE daily email newsletter.