AB Volvo (publ) (OTCMKTS:VLVLY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

AB Volvo (publ) (OTCMKTS:VLVLY) has earned an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company.

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. upgraded AB Volvo (publ) from a “neutral” rating to an “overweight” rating in a research report on Wednesday, November 27th. UBS Group upgraded AB Volvo (publ) from a “sell” rating to a “neutral” rating in a research report on Friday, October 25th.

AB Volvo (publ) Price Performance

Shares of AB Volvo (publ) stock opened at $30.56 on Monday. The stock has a market capitalization of $62.13 billion, a P/E ratio of 13.00 and a beta of 1.31. AB Volvo has a one year low of $23.27 and a one year high of $31.37. The business’s 50 day simple moving average is $26.52 and its two-hundred day simple moving average is $25.85. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.28 and a quick ratio of 0.97.

AB Volvo (publ) (OTCMKTS:VLVLY) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.49 earnings per share for the quarter. AB Volvo (publ) had a return on equity of 27.91% and a net margin of 9.57%. Analysts forecast that AB Volvo will post 2.38 EPS for the current year.

AB Volvo (publ) Company Profile

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.