Is AB Traction stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, AB Traction pays dividends. Last time was Friday 10th of May 2024 where the investors holding the stock on Friday 3rd of May 2024 were paid SEK10.45 per share. Over the last 24 times between 2001 and 2024, AB Traction has paid SEK76.9 with an average of SEK3.2 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for AB Traction 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was SEK193.00, you would have made a profit of SEK104.00 per share or 53.89%
No, the average daily trading liquidity for AB Traction is SEK1 111 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
AB Traction has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for AB Traction to be medium [0.7 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.