Traton (TRATF) Projected to Release Earnings on Thursday

Traton (OTCMKTS:TRATF) is anticipated to post its resultson Thursday, July 23rd. Analysts expect Traton to announce earnings of $1.37 per share and revenue of $13.2192 billion for the quarter.

Traton Price Performance

Shares of OTCMKTS:TRATF opened at $40.49 on Tuesday. The company’s 50-day moving average price is $38.94 and its two-hundred day moving average price is $38.12. Traton has a one year low of $30.34 and a one year high of $43.16.

Analyst Upgrades and Downgrades

Separately, Citigroup reissued a “neutral” rating on shares of Traton in a research report on Friday, April 24th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About Traton

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.