AB Volvo (publ) (OTCMKTS:VOLVF) Stock Price Up 6.4% – Time to Buy?

AB Volvo (publ) (OTCMKTS:VOLVF)’s share price traded up 6.4% during trading on Monday . The stock traded as high as C$35.91 and last traded at C$35.87. 1,760 shares were traded during mid-day trading, a decline of 19% from the average session volume of 2,171 shares. The stock had previously closed at C$33.70.

AB Volvo (publ) Trading Up 6.4%

The firm has a 50-day moving average of C$31.72 and a two-hundred day moving average of C$29.87.

About AB Volvo (publ)

AB Volvo (publ) is a Sweden-based global manufacturing company renowned for its diverse range of commercial vehicles, construction equipment, and industrial power solutions. The company’s core operations encompass the design, production and sale of heavy- and medium-duty trucks under the Volvo Trucks, Mack Trucks, Renault Trucks and UD Trucks brands. Beyond trucking, AB Volvo offers an extensive portfolio of construction machines—including wheel loaders, excavators and compact equipment—through Volvo Construction Equipment and SDLG, as well as bus and coach solutions via Volvo Buses, Prevost and Nova Bus.

In addition to vehicles and machinery, AB Volvo operates in the marine and industrial engine markets through its Volvo Penta division, supplying propulsion systems for leisure boats, yachts, commercial vessels and power generation applications.