|Bid||33.65 x 1100|
|Ask||33.66 x 1100|
|Day's range||33.12 - 33.72|
|52-week range||28.62 - 39.11|
|Beta (5Y monthly)||1.02|
|PE ratio (TTM)||37.56|
|Forward dividend & yield||0.87 (2.48%)|
|Ex-dividend date||29 Mar 2021|
|1y target est||40.57|
ZURICH, January 27, 2022--ABB today announced the acquisition of a controlling stake in electric vehicle (EV) commercial charging infrastructure solutions company InCharge Energy. The addition of InCharge Energy will strengthen ABB’s E-mobility Division in the North American market by broadening its customer base and expanding its fleet electrification software and digital services offering.
RRX vs. ABB: Which Stock Is the Better Value Option?
ABB is looking to take advantage of sky-high valuations in the EV charging sector to raise cash to invest in its business.