|Bid||75.02 x 1000|
|Ask||75.86 x 1000|
|Day's Range||75.02 - 76.32|
|52 Week Range||43.08 - 104.28|
|Beta (5Y Monthly)||1.55|
|PE Ratio (TTM)||30.17|
|Earnings Date||Nov 04, 2021 - Nov 08, 2021|
|Forward Dividend & Yield||1.72 (2.18%)|
|Ex-Dividend Date||Aug 19, 2021|
|1y Target Est||108.33|
This is a mechanical sell signal signal and often late. The On-Balance-Volume (OBV) line declined into late July but has since moved sideways suggesting a balance now between bulls and bears. The weekly OBV line shows stability in recent weeks while the MACD oscillator is testing the zero line but narrowing.
Shares in Veoneer Inc edged down on Tuesday after the auto tech firm stuck to its recommendation for Magna International's bid after receiving an updated, non-binding offer from Qualcomm . The Swedish company has become an attractive takeover target as its expertise in making advanced driver assistance systems fits in the plan for both Qualcomm and Magna in cornering a share in a growing business. Qualcomm on Monday made a formal $37 per share bid for Veoneer in line with the offer announced last month and above Magna's original $31.25 per share offer.
(Bloomberg) -- Qualcomm Inc. has made a formal bid to buy automotive technology company Veoneer Inc. for more than $4 billion, beating a previous offer from Magna International Inc., according to people familiar with the matter.The U.S. semiconductor company has formalized its offer of $37 a share, the people said, asking not to be identified discussing confidential information. Qualcomm is interested in Veoneer’s Arriver software unit, which helps cars perceive and make driving decisions, and w