AB Volvo (publ) (OTCMKTS:VLVLY) Hits New 1-Year High at $26.44

AB Volvo (publ) (OTCMKTS:VLVLYGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $26.44 and last traded at $26.39, with a volume of 42236 shares traded. The stock had previously closed at $25.71.

Wall Street Analysts Forecast Growth

VLVLY has been the topic of a number of research reports. BNP Paribas lowered shares of AB Volvo (publ) from an “outperform” rating to a “neutral” rating in a research report on Wednesday, December 6th. Sanford C. Bernstein lowered shares of AB Volvo (publ) from an “outperform” rating to a “market perform” rating in a research report on Monday, January 29th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

View Our Latest Report on VLVLY

AB Volvo (publ) Stock Performance

The stock’s 50 day moving average is $24.86 and its two-hundred day moving average is $22.35. The firm has a market capitalization of $54.66 billion, a P/E ratio of 11.64, a P/E/G ratio of 0.74 and a beta of 1.38. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.20 and a quick ratio of 0.88.

AB Volvo (publ) (OTCMKTS:VLVLYGet Free Report) last announced its earnings results on Friday, January 26th. The company reported $0.56 EPS for the quarter. AB Volvo (publ) had a net margin of 9.01% and a return on equity of 28.62%. The business had revenue of $13.92 billion during the quarter. As a group, equities analysts anticipate that AB Volvo will post 2.13 earnings per share for the current fiscal year.

AB Volvo (publ) Company Profile

(Get Free Report)

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The company offers trucks for long-haulage, construction, mining, and distribution purposes under the Volvo, UD Trucks, Renault Trucks, Mack, Eicher, Arquus, cellcentric, and Dongfeng Trucks brands; and city and intercity buses, coaches, and bus chassis, as well as associated transport systems under the Prevost and Nova Bus brands.

Further Reading

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