Traton (OTCMKTS:TRATF) Shares Up 0% – Still a Buy?

Traton SE (OTCMKTS:TRATF) shares rose 0% during trading on Tuesday . The company traded as high as $43.12 and last traded at $43.12. Approximately 800 shares changed hands during trading, an increase of 1% from the average daily volume of 792 shares. The stock had previously closed at $43.10.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Traton in a research note on Thursday, February 19th. Morgan Stanley cut Traton to an “underweight” rating in a report on Tuesday, January 13th. Finally, The Goldman Sachs Group reissued a “neutral” rating on shares of Traton in a research note on Wednesday, January 7th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Traton Stock Performance

The firm’s fifty day simple moving average is $37.74 and its 200 day simple moving average is $35.08.

Traton Company Profile

Traton SE (OTCMKTS: TRATF) is a leading global commercial vehicle manufacturer headquartered in Munich, Germany. As a subsidiary of Volkswagen AG, Traton brings together a portfolio of well-known brands, including MAN, Scania and Navistar, to design, produce and distribute trucks, buses, vans and related powertrain solutions. The company’s product range spans from light- and heavy-duty trucks to urban and intercity buses, complemented by engines for marine and industrial applications.

Established in 2015 under the name Volkswagen Truck & Bus, the business was rebranded as Traton SE in 2018 to reflect its independent corporate identity and strategic focus on mobility solutions.