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Public Joint Stock Company Avtovaz (AVAZ.ME)

MCX - MCX Real Time Price. Currency in RUB
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9.42+0.01 (+0.11%)
As of 2:14PM MSK. Market open.
Interactive chart
Previous Close9.41
Bid9.44 x 1110000
Ask9.47 x 140000
Day's Range9.41 - 9.51
52 Week Range6.65 - 13.18
Avg. Volume136,808
Market Cap47.58B
PE Ratio (TTM)-0.88
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters2 months ago

    Rouble's rise eases pain for foreign carmakers in Russia

    Foreign carmakers in Russia are benefiting from a stronger, more stable rouble, which is reducing their costs and supporting earnings in dollar terms at a time when the once-booming local market is expected to return to growth after four tough years. The companies, including German car group Volkswagen and Japan's Toyota Motor Corp, were some of the hardest hit by Russia's economic downturn, in which annual car sales more than halved from a 2012 peak of almost 3 million vehicles, and a sharp devaluation of the rouble raised prices for imported parts and sapped profits.

  • Reuters3 months ago

    Russian carmaker Avtovaz reduces net loss in 2016

    French carmaker Renault's struggling Russian venture Avtovaz reported on Friday a 39 percent reduction in losses last year after pushing through efficiency improvements and cost-cutting measures. Renault invested more than $1 billion into Avtovaz for an initial 25 percent stake in 2008 but the Russian carmaker has since fallen victim to the collapse of the local market, where annual vehicle sales have more than halved since 2012. Avtovaz, majority-owned by Renault and its alliance partner Nissan, said it incurred a net loss last year of 44.8 billion roubles ($761.75 million), including impairment and restructuring costs of 25 billion roubles.

  • Reuters4 months ago

    Car sales seen recovering in Russia in 2017: industry group

    Car sales in Russia look set to rebound this year, rising by 4 percent to 1.48 million units if the state maintains support for the sector, the Association of European Businesses (AEB) lobby group said on Thursday. Presenting its forecast at an event in Moscow, the AEB said 2016 had been a tough year. Small (growth), but growth," said Joerg Schreiber, chairman of the AEB Automobile Manufacturers Committee, citing signs of recovering oil prices and global economic activity.