Shares of Volvo Car AB (publ.) (OTCMKTS:VLVOF – Get Free Report) fell 0.9% during trading on Tuesday. The stock traded as low as $1.45 and last traded at $1.45. 16,000 shares traded hands during trading, an increase of 577% from the average daily volume of 2,362 shares. The stock had previously closed at $1.4625.
Analyst Ratings Changes
Separately, Citigroup reiterated a “sell” rating on shares of Volvo Car AB (publ.) in a research report on Tuesday, August 4th. One analyst has rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Strong Sell”.
View Our Latest Research Report on VLVOF
Volvo Car AB (publ.) Price Performance
The firm has a fifty day moving average of $1.82 and a 200 day moving average of $2.11.
Volvo Car AB (publ.) Company Profile
Volvo Car AB (publ.) is a Swedish automotive company headquartered in Gothenburg, Sweden. Founded in 1927, the company develops, manufactures and sells passenger vehicles under the Volvo brand, with a focus on safety, Scandinavian design and increasingly electrified mobility.
Volvo Cars’ product portfolio includes sport utility vehicles, sedans and estate cars powered by fully electric, plug-in hybrid and conventional powertrains. The company also provides vehicle software, connected-car features, financing and related mobility services.
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