AB Volvo (VLVLY) – What Are Brokerages Saying About This Stock?

AB Volvo (OTCMKTS:VLVLY) has been assigned a consensus rating of “Moderate Buy” from the ten analysts that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and four have given a strong buy recommendation to the company.

Several analysts have issued reports on VLVLY shares. Erste Group Bank upgraded AB Volvo to a “strong-buy” rating in a report on Wednesday, August 5th. Zacks Research downgraded shares of AB Volvo from a “hold” rating to a “strong sell” rating in a research report on Monday, October 5th.

AB Volvo Price Performance

Shares of AB Volvo stock opened at $32.39 on Friday. AB Volvo has a 52 week low of $26.77 and a 52 week high of $39.62. The company has a current ratio of 1.10, a quick ratio of 0.82 and a debt-to-equity ratio of 0.85. The stock has a market cap of $65.86 billion, a PE ratio of 17.14, a price-to-earnings-growth ratio of 0.76 and a beta of 1.22. The company’s 50-day moving average price is $34.07 and its two-hundred day moving average price is $34.54.

About AB Volvo

AB Volvo is a Sweden-based manufacturer of commercial vehicles and transportation-related products. Founded in 1927 and headquartered in Gothenburg, the company develops and sells trucks, buses, construction equipment, and marine and industrial engines. AB Volvo is separate from Volvo Cars, which became an independent company in 1999.

The company’s commercial vehicle operations include heavy-duty, medium-duty, and light-duty trucks sold under brands such as Volvo Trucks, Mack Trucks, Renault Trucks, and UD Trucks.