Vossloh AG (OTCMKTS:VOSSF – Get Free Report)’s stock price dropped 23.9% during mid-day trading on Monday . The stock traded as low as $71.95 and last traded at $71.95. Approximately 100 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 1,800 shares. The stock had previously closed at $94.5450.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group assumed coverage on Vossloh in a report on Thursday, April 23rd. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.
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Vossloh Stock Performance
Vossloh Company Profile
Vossloh AG is a Germany-based provider of rail infrastructure products and services, serving the global rail industry. The company specializes in the development, manufacturing and distribution of rail fastening systems and turnouts, designed to ensure safe and reliable track operation. In addition to core fastening solutions, Vossloh offers rail maintenance equipment, including grinding and milling machinery, along with lightweight diesel locomotives and components for urban transport networks.
Founded in 1883 as an ironworks in Werdohl, North Rhine-Westphalia, Vossloh has grown through strategic acquisitions and technological innovation.
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