AB Volvo (publ) (OTCMKTS:VLVLY - Get Free Report) shares traded down 0.4% during mid-day trading on Monday . The stock traded as low as $27.54 and last traded at $27.85. 48,754 shares were traded during mid-day trading, a decline of 73% from the average session volume of 178,170 shares. The stock had previously closed at $27.95.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. Royal Bank of Canada raised AB Volvo (publ) from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, April 15th. Sanford C. Bernstein began coverage on AB Volvo (publ) in a research note on Tuesday, April 1st. They issued an "underperform" rating for the company. UBS Group upgraded AB Volvo (publ) from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 26th. Finally, Barclays cut AB Volvo (publ) from an "equal weight" rating to an "underweight" rating in a research note on Tuesday, March 25th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".
Read Our Latest Analysis on VLVLY
AB Volvo (publ) Stock Down 0.1%
The company has a quick ratio of 0.97, a current ratio of 1.28 and a debt-to-equity ratio of 0.81. The company has a market cap of $56.43 billion, a P/E ratio of 11.81 and a beta of 1.24. The company has a fifty day moving average of $27.14 and a 200 day moving average of $27.26.
AB Volvo (publ) (OTCMKTS:VLVLY - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.10). AB Volvo (publ) had a return on equity of 27.91% and a net margin of 9.57%. The firm had revenue of $12.79 billion during the quarter, compared to the consensus estimate of $131.15 billion. On average, research analysts anticipate that AB Volvo will post 2.38 earnings per share for the current fiscal year.
AB Volvo (publ) Company Profile
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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.
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