Traton (TRATF) Projected to Post Quarterly Earnings on Wednesday

Traton (OTCMKTS:TRATF) will likely be posting its results before the market opens on Wednesday, October 28th. Analysts expect Traton to post earnings of $1.39 per share and revenue of $13.23 billion for the quarter.

Traton Stock Performance

Shares of OTCMKTS:TRATF opened at $37.74 on Monday. Traton has a 52 week low of $30.34 and a 52 week high of $46.07. The firm’s fifty day moving average is $40.45 and its 200-day moving average is $39.69.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Citigroup reiterated a “neutral” rating on shares of Traton in a research report on Thursday, July 23rd. Morgan Stanley reissued an “underweight” rating on shares of Traton in a research note on Friday, September 4th. Finally, UBS Group downgraded Traton from a “buy” rating to a “neutral” rating in a research report on Friday, August 28th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Traton presently has a consensus rating of “Hold”.

About Traton

TRATON SE is a commercial vehicle manufacturer and a subsidiary of Volkswagen AG. Headquartered in Munich, Germany, the company develops and manages a global portfolio of truck and bus businesses, serving freight transportation, logistics, construction, distribution and passenger transportation markets.

TRATON’s principal brands include Scania, MAN, International and Volkswagen Truck & Bus. Its products include heavy-duty, medium-duty and light-duty trucks, buses and coaches, as well as powertrains and related transportation solutions.