AB Volvo (publ) (OTCMKTS:VLVLY - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the nine analysts that are covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company.
Several research analysts recently weighed in on VLVLY shares. UBS Group upgraded AB Volvo (publ) from a "sell" rating to a "neutral" rating in a research note on Friday, October 25th. JPMorgan Chase & Co. raised shares of AB Volvo (publ) from a "neutral" rating to an "overweight" rating in a research report on Wednesday, November 27th. Hsbc Global Res raised shares of AB Volvo (publ) to a "strong-buy" rating in a research report on Friday, August 30th. Citigroup raised shares of AB Volvo (publ) to a "hold" rating in a report on Friday, October 11th. Finally, Stifel Nicolaus raised shares of AB Volvo (publ) from a "hold" rating to a "buy" rating in a report on Monday, October 21st.
Get Our Latest Stock Analysis on AB Volvo (publ)
AB Volvo (publ) Stock Performance
Shares of VLVLY stock traded up $0.16 during trading hours on Wednesday, reaching $25.28. The company had a trading volume of 129,600 shares, compared to its average volume of 102,611. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.88 and a current ratio of 1.14. The firm has a market cap of $51.39 billion, a PE ratio of 10.38 and a beta of 1.30. The business has a fifty day moving average price of $25.58 and a 200-day moving average price of $25.60. AB Volvo has a one year low of $23.27 and a one year high of $30.14.
AB Volvo (publ) (OTCMKTS:VLVLY - Get Free Report) last posted its earnings results on Friday, October 18th. The company reported $0.47 earnings per share for the quarter. AB Volvo (publ) had a return on equity of 29.91% and a net margin of 9.64%. The company had revenue of $11.23 billion during the quarter. Sell-side analysts predict that AB Volvo will post 2.36 earnings per share for the current fiscal year.
About AB Volvo (publ)
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Get Free ReportAB 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.
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