Traton SE (OTCMKTS:TRATF – Get Free Report) traded down 2.1% during trading on Friday . The company traded as low as $45.11 and last traded at $45.11. 280 shares changed hands during trading, a decline of 60% from the average daily volume of 708 shares. The stock had previously closed at $46.07.
Wall Street Analysts Forecast Growth
Separately, Citigroup restated a “neutral” rating on shares of Traton in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.
View Our Latest Research Report on Traton
Traton Stock Down 2.1%
Traton Company Profile
Traton SE (OTCMKTS: TRATF) is a leading global commercial vehicle manufacturer headquartered in Munich, Germany. As a subsidiary of Volkswagen AG, Traton brings together a portfolio of well-known brands, including MAN, Scania and Navistar, to design, produce and distribute trucks, buses, vans and related powertrain solutions. The company’s product range spans from light- and heavy-duty trucks to urban and intercity buses, complemented by engines for marine and industrial applications.
Established in 2015 under the name Volkswagen Truck & Bus, the business was rebranded as Traton SE in 2018 to reflect its independent corporate identity and strategic focus on mobility solutions.
See Also
- Five stocks we like better than Traton
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for Traton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Traton and related companies with MarketBeat.com's FREE daily email newsletter.
