Volvo Car AB (publ.) (OTCMKTS:VLVOF – Get Free Report) shot up 0.3% during trading on Monday . The stock traded as high as $1.74 and last traded at $1.74. 2,550 shares traded hands during trading, an increase of 26% from the average session volume of 2,030 shares. The stock had previously closed at $1.7350.
Wall Street Analyst Weigh In
Separately, Citigroup reiterated a “sell” rating on shares of Volvo Car AB (publ.) in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Strong Sell”.
Get Our Latest Analysis on VLVOF
Volvo Car AB (publ.) Stock Performance
Volvo Car AB (publ.) Company Profile
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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