Traton (OTCMKTS:TRATF) Trading Up 0.6% – Should You Buy?

Traton SE (OTCMKTS:TRATF)’s share price traded up 0.6% during mid-day trading on Friday . The stock traded as high as $35.0730 and last traded at $35.00. 4,500 shares were traded during trading, an increase of 360% from the average session volume of 979 shares. The stock had previously closed at $34.78.

Analyst Ratings Changes

TRATF has been the subject of a number of research reports. The Goldman Sachs Group restated a “neutral” rating on shares of Traton in a research report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Traton in a research note on Thursday, February 19th. Finally, Morgan Stanley cut Traton to an “underweight” rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Traton Stock Performance

The business’s 50 day moving average price is $38.72 and its 200 day moving average price is $35.16.

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.