Zacks Investment Research upgraded shares of VOLVO AB UNSP ADR EACH REP 1 (NASDAQ:VLVLY) from a strong sell rating to a hold rating in a research note released on Thursday.

According to Zacks, “Volvo AB is a manufacturer of trucks, buses, construction equipment and marine and industrial engines. It also develops, manufactures and markets equipment for construction and related industries, including wheel and backhoe loaders, hydraulic wheeled and crawler excavators, articulated and rigid haulers, compactors, pavers, pipe layers, road machinery under the brand names of Volvo, SDLG and Terex Trucks. The Company offers repair and maintenance, lease financing, insurance and financial services. It operates primarily in Europe, North America, South America, Asia, and internationally. Volvo AB is headquartered in Gothenburg, Sweden. “

VOLVO AB UNSP ADR EACH REP 1 (NASDAQ:VLVLY) opened at 11.47 on Thursday. The company’s 50-day moving average is $0.00 and its 200-day moving average is $0.00. VOLVO AB UNSP ADR EACH REP 1 has a 12 month low of $8.69 and a 12 month high of $12.20. The stock has a market capitalization of $23.30 billion and a PE ratio of 17.46.


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