Traton (TRATF) Set to Post Earnings on Wednesday

Traton (OTCMKTS:TRATF) is expected to be releasing its results before the market opens on Wednesday, October 28th. Analysts expect the company to announce earnings of $1.39 per share and revenue of $13.23 billion for the quarter.

Traton Stock Performance

OTCMKTS:TRATF opened at $37.74 on Tuesday. The firm’s 50 day simple moving average is $40.37 and its 200 day simple moving average is $39.16. Traton has a one year low of $30.34 and a one year high of $46.07.

Analyst Upgrades and Downgrades

TRATF has been the subject of several recent research reports. Morgan Stanley restated an “underweight” rating on shares of Traton in a research report on Friday, September 4th. Citigroup reiterated a “neutral” rating on shares of Traton in a report on Thursday, July 23rd. Finally, UBS Group lowered shares of Traton from a “buy” rating to a “neutral” rating in a report on Friday, August 28th. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently 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.