Volvo Car AB (publ.) (OTCMKTS:VLVOF – Get Free Report) was up 3.3% during trading on Thursday . The company traded as high as $2.49 and last traded at $2.49. Approximately 200 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 1,777 shares. The stock had previously closed at $2.41.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein lowered Volvo Car AB (publ.) to an “underperform” rating in a research note on Monday, February 9th. One investment analyst has rated the stock with a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Strong Sell”.
Read Our Latest Analysis on VLVOF
Volvo Car AB (publ.) Stock Performance
About Volvo Car AB (publ.)
Volvo Car AB (publ.) designs, develops, manufactures, markets, assembles, and sells passenger cars in Europe, China, the United States, and internationally. The company offers sedans and SUV vehicles under the Volvo brand; and electric cars under the Volvo and Polestar brands. It also provides vehicle parts and accessories, as well as sells online. The company was founded in 1927 and is headquartered in Gothenburg, Sweden. Volvo Car AB (publ.) is a subsidiary of Geely Sweden Holdings AB.
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