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

Shares of AB Volvo (publ) (OTCMKTS:VLVLY) have received an average rating of “Moderate Buy” from the seven research firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

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

AB Volvo (publ) Stock Performance

Shares of VLVLY opened at $30.56 on Monday. The company has a market cap of $62.13 billion, a PE ratio of 13.00 and a beta of 1.31. The company has a current ratio of 1.28, a quick ratio of 0.97 and a debt-to-equity ratio of 0.81. The stock has a 50-day moving average price of $26.52 and a 200-day moving average price of $25.85. AB Volvo has a 12-month low of $23.27 and a 12-month high of $31.37.

AB Volvo (publ) (OTCMKTS:VLVLY) last issued its quarterly earnings results 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, equities analysts forecast that AB Volvo will post 2.38 earnings per share for the current fiscal 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.