AB Volvo (publ) (OTCMKTS:VLVLY) Receives Average Rating of “Moderate Buy” from Analysts

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

Separately, JPMorgan Chase & Co. upgraded AB Volvo (publ) from a “neutral” rating to an “overweight” rating in a research note on Wednesday, November 27th.

AB Volvo (publ) Trading Down 1.3 %

Shares of VLVLY stock opened at $30.56 on Monday. The stock has a market capitalization of $62.13 billion, a price-to-earnings ratio of 13.00 and a beta of 1.31. The company’s fifty day simple moving average is $26.52 and its two-hundred day simple moving average is $25.88. AB Volvo has a 1 year low of $23.27 and a 1 year high of $31.37. 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 (EPS) for the quarter. AB Volvo (publ) had a return on equity of 27.91% and a net margin of 9.57%. As a group, analysts anticipate that AB Volvo will post 2.38 earnings per share 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.