Vossloh AG (OTCMKTS:VOSSF – Get Free Report) fell 10.9% during mid-day trading on Thursday . The stock traded as low as $66.16 and last traded at $66.16. 725 shares traded hands during trading, a decline of 62% from the average session volume of 1,893 shares. The stock had previously closed at $74.22.
Analysts Set New Price Targets
Separately, Jefferies Financial Group initiated coverage on shares of Vossloh in a research note on Thursday, April 23rd. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.
Get Our Latest Stock Report on Vossloh
Vossloh Stock Down 10.9%
Vossloh Company Profile
Vossloh AG is a Germany-based provider of rail infrastructure products and services, serving the global rail industry. The company specializes in the development, manufacturing and distribution of rail fastening systems and turnouts, designed to ensure safe and reliable track operation. In addition to core fastening solutions, Vossloh offers rail maintenance equipment, including grinding and milling machinery, along with lightweight diesel locomotives and components for urban transport networks.
Founded in 1883 as an ironworks in Werdohl, North Rhine-Westphalia, Vossloh has grown through strategic acquisitions and technological innovation.
Further Reading
- Five stocks we like better than Vossloh
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for Vossloh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vossloh and related companies with MarketBeat.com's FREE daily email newsletter.
