Veoneer Beginning To Enter Buying Territory [Seeking Alpha]
Veoneer, Inc. (VNE)
Last veoneer, inc. earnings: 4/27 04:01 pm
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Source: Seeking Alpha
Veoneer Beginning To Enter Buying Territory Veoneer, Inc. ( VNE earnings There were few highlights regarding the first quarter. What was positive was that the company's order book Obviously, a company such as Veoneer needs demand in the market in order to ship its products. Being linked to the car industry means that any dip in light vehicle production (which is happening at the moment) is going to adversely affect the figures. Therefore, it didn't come as any surprise when the company announced that it would be raising around $500 How long this inflection point is away though is another story altogether. Let's have a look at the technical chart and valuation numbers to see how they stack up. As the chart shows above, shares have basically been in free-fall since they started trading on the New York Stock Exchange last year. Remember being chartists, we believe that any possible fundamental that could affect the chart has already been reflected in the share price. This means the growi
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