AB Volvo (publ) (OTCMKTS:VLVLY – Get Free Report) announced its quarterly results on Thursday. The company reported $0.72 EPS for the quarter, which topped analysts’ consensus estimates of $0.65 by $0.07, the company said. The company had revenue of $13.12 billion during the quarter. AB Volvo (publ) had a return on equity of 32.00% and a net margin of 10.11%.

AB Volvo (publ) Price Performance

Shares of OTCMKTS:VLVLY opened at $26.33 on Friday. The company has a market cap of $53.53 billion, a PE ratio of 10.40, a PEG ratio of 0.68, and a beta of 1.34. The company has a current ratio of 1.14, a quick ratio of 0.88, and a debt-to-equity ratio of 0.91. AB Volvo has a 1-year low of $19.26 and a 1-year high of $30.14. The company’s 50-day moving average is $26.04 and its 200-day moving average is $26.18.

Wall Street analysts weigh in

Separately, Barclays began coverage on shares of AB Volvo (publ) in a report on Wednesday, July 10. They gave the company an “equal weight” rating. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” according to MarketBeat.

Read our latest stock analysis on VLVLY

About AB Volvo (publ)

(Get free report)

AB Volvo (publ) and its subsidiaries manufacture and sell trucks, buses, construction equipment and marine and industrial engines in Europe, the USA, Asia, Africa and Oceania. The company offers heavy-duty trucks for long-distance and construction operations and light trucks for distribution under the Volvo, Renault Trucks, Mack, Eicher and Dongfeng Trucks brands; and city and intercity buses, coaches and chassis under the Prevost and Volvo Bus brands.

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