|Bid||8.80 x 1200|
|Ask||14.36 x 2900|
|Day's Range||12.55 - 12.88|
|52 Week Range||5.25 - 18.08|
|Beta (5Y Monthly)||2.88|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 24, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.94|
The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), will equip a world-class premium automaker with the most advanced stereo vision camera system, perception software and 77 GHz front and rear radar system available in the market. These systems supply data to the vehicle's driver assistance package which enable the most advanced active safety features.
Veoneer (VNE) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.
Shares in auto technology group Veoneer picked up further gains in early trading after jumping 19% on Thursday as it unveiled a partnership with U.S tech giant Qualcomm in advanced driver assistance systems. Veoneer's Sweden-listed shares were up 8.5% by 0825 GMT on Friday with several equity analysts saying the collaboration was a vote of confidence Veoneer's technology and would strengthen its position versus rivals such as Mobileye. "We believe this collaboration has increased Veoneer's chances of being one of the major players in this market," Handelsbanken Capital Markets said in a research note.