AB Volvo (publ) (OTCMKTS:VLVLY – Get Rating) saw a large drop in short interest in May. As of May 15th, there was short interest totalling 5,300 shares, a drop of 65.8% from the April 30th total of 15,500 shares. Based on an average trading volume of 134,900 shares, the days-to-cover ratio is presently 0.0 days.
AB Volvo (publ) Stock Down 0.7 %
OTCMKTS:VLVLY opened at $18.62 on Friday. The firm has a market cap of $37.86 billion, a P/E ratio of 10.25, a P/E/G ratio of 0.58 and a beta of 1.33. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.98 and a current ratio of 1.28. AB Volvo has a fifty-two week low of $13.66 and a fifty-two week high of $21.07. The firm has a 50-day simple moving average of $19.79 and a two-hundred day simple moving average of $19.28.
AB Volvo (publ) (OTCMKTS:VLVLY – Get Rating) last released its quarterly earnings data on Thursday, April 20th. The company reported $0.61 earnings per share for the quarter. The business had revenue of $12.58 billion during the quarter. AB Volvo (publ) had a net margin of 7.76% and a return on equity of 23.22%. Analysts predict that AB Volvo will post 2.05 earnings per share for the current fiscal year.
AB Volvo (publ) Cuts Dividend
Analysts Set New Price Targets
Several brokerages recently issued reports on VLVLY. Jefferies Financial Group lowered shares of AB Volvo (publ) from a “buy” rating to a “hold” rating in a research note on Wednesday, February 8th. Morgan Stanley upgraded shares of AB Volvo (publ) from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, April 25th.
About AB Volvo (publ)
Volvo AB engages in the design, manufacture, and market of commercial vehicles. It operates through the following segments: Trucks, Construction Equipment, Buses, Volvo Penta, and Group Functions and Other. The Trucks segment includes the production, development, and logistics for powertrain and parts.
- Get a free copy of the StockNews.com research report on AB Volvo (publ) (VLVLY)
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