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

AB Volvo (publ) (OTCMKTS:VLVLY) has received a consensus rating of “Moderate Buy” from the seven research firms that are covering the company, Marketbeat Ratings 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.

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

AB Volvo (publ) Stock Down 1.3 %

Shares of AB Volvo (publ) stock opened at $30.56 on Monday. The company has a current ratio of 1.28, a quick ratio of 0.97 and a debt-to-equity ratio of 0.81. AB Volvo has a 12-month low of $23.27 and a 12-month high of $31.37. The company has a market cap of $62.13 billion, a P/E 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 (publ) (OTCMKTS:VLVLY) last announced 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 net margin of 9.57% and a return on equity of 27.91%. Research analysts anticipate that AB Volvo will post 2.38 EPS 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.