Monday, August 31, 2026

Less Than Three Hours Before The Market Open, ABB Ltd Is Down By 4%

ViaNews Editorial Team

February 2, 2023

Less Than Three Hours Before The Market Open, ABB Ltd Is Down By 4%

(VIANEWS) - The NYSE opens in less than three hours and ABB Ltd's pre-market value is already 4.33% down.

ABB Ltd's last close was $35.33, 1.51% under its 52-week high of $35.87.

The last session, NYSE finished with ABB Ltd (ABB) jumping 1.38% to $35.33. NYSE jumped 0.53% to $16,121.25, after two successive sessions in a row of gains, on what was a somewhat positive trend exchanging session.

About ABB Ltd

ABB Ltd engages in manufacture and sale of electrification, automation, robotics, and motion products for customers in utilities, industry and transport, and infrastructure in Switzerland and internationally. Its Electrification segment provides electric vehicle charging infrastructure, renewable power solutions, modular substation packages, distribution automation products, switchboard and panelboards, switchgear, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions. The company's Robotics & Discrete Automation segment offers industrial robots, software, robotic solutions and systems, field services, spare parts, and digital services. This segment also offers solutions based on its programmable logic controllers, industrial PCs, servo motion, transport system, and machine vision. Its Motion segment manufactures and sells drives, motors, generators, traction converters, and mechanical power transmission products that are driving the low-carbon future for industries, cities, infrastructure, and transportation. The company's Process Automation segment provides process and discrete control technologies, advanced process control software and manufacturing execution systems, sensing, measurement and analytical instrumentation, marine propulsion systems, and large turbochargers. In addition, this segment offers remote monitoring, preventive maintenance, asset performance management, emission monitoring, and cybersecurity services. It serves aluminum, automotive, buildings and infrastructure, cement, channel partners, chemical, data centers, food and beverage, process automation, life sciences, marine and ports, metals, mining, oil and gas, ports, power generation, printing, pulp and paper, railway, smart cities, water, and wind power industries. The company was founded in 1883 and is headquartered in Zurich, Switzerland.

Earnings Per Share

As for profitability, ABB Ltd has a trailing twelve months EPS of $2.53.

PE Ratio

ABB Ltd has a trailing twelve months price to earnings ratio of 13.95. Meaning, the purchaser of the share is investing $13.95 for every dollar of annual earnings.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 31.42%.

Volume

Today's last reported volume for ABB Ltd is 1409877 which is 14.66% below its average volume of 1293520.

More news about ABB Ltd (ABB).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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