Traton (OTCMKTS:TRATF) Trading Down 1.1% – Time to Sell?

Traton SE (OTCMKTS:TRATF)’s stock price fell 1.1% during trading on Wednesday . The company traded as low as $41.3529 and last traded at $41.3529. 293 shares changed hands during trading, a decline of 53% from the average daily volume of 629 shares. The stock had previously closed at $41.81.

Analyst Ratings Changes

Several research firms have weighed in on TRATF. Morgan Stanley reissued an “underweight” rating on shares of Traton in a research report on Friday, September 4th. UBS Group downgraded Traton from a “buy” rating to a “neutral” rating in a research report on Friday, August 28th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Traton in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Traton Stock Down 1.1%

The company has a fifty day simple moving average of $42.07 and a two-hundred day simple moving average of $39.22.

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.