Why Veoneer Is Trading Lower Today

Veoneer's Stock Price And Volume Action

Veoneer VNE is currently down 4.56% to a price of $21.57. The stock's volume is currently 222.24 thousand, which is roughly 34.45% of its recent 30-day volume average of 645.18 thousand.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Veoneer shares are trading lower after RBC Capital downgraded the stock from Sector Perform to Underperform and announced a price target of $17 per share.

Insights On Recent Price Action

The moving average price of the stock over the past 50 days was $19.6 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $23.68 and as low as $5.25.

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