Has Volvo’s Strong Value Creation Been Overlooked by the Market?
Andrew Stolz
JANUARY 17, 2022
However, most recently, the 50 DMA started to rise, and it seems like it can cross the 200DMA very soon. Instead of exporting to China, Volvo aims to ramp up sales by establishing a production site in the country. With the acquisition, Volvo aims to ramp up its sales in China. In 2020, its net-debt to equity ratio stood at 0.9x.
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