AB Volvo (publ) (OTCMKTS:VLVLY) Receives Average Rating of "Moderate Buy" from Brokerages

Shares of AB Volvo (publ) (OTCMKTS:VLVLY - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven analysts that are covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

Several brokerages have recently weighed in on VLVLY. JPMorgan Chase & Co. upgraded AB Volvo (publ) from a "neutral" rating to an "overweight" rating in a report on Wednesday, November 27th. UBS Group raised AB Volvo (publ) from a "sell" rating to a "neutral" rating in a report on Friday, October 25th.

AB Volvo (publ) Trading Down 2.0 %

VLVLY traded down $0.63 during trading on Monday, hitting $30.61. 59,191 shares of the stock traded hands, compared to its average volume of 72,934. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.29 and a quick ratio of 0.97. AB Volvo has a 12-month low of $23.27 and a 12-month high of $31.37. The firm has a market capitalization of $62.23 billion, a P/E ratio of 13.03 and a beta of 1.31. The firm has a 50-day moving average of $26.32 and a 200 day moving average of $25.77.

AB Volvo (publ) (OTCMKTS:VLVLY - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.49 earnings per share (EPS) for the quarter. AB Volvo (publ) had a return on equity of 28.80% and a net margin of 9.57%. Equities research analysts anticipate that AB Volvo will post 2.38 EPS for the current year.

About AB Volvo (publ)

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands.