Volkswagen AG (OTCMKTS:VWAGY - Get Free Report) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 463,400 shares, an increase of 24.7% from the November 30th total of 371,500 shares. Based on an average daily trading volume, of 1,142,900 shares, the short-interest ratio is currently 0.4 days.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on the stock. Dbs Bank raised shares of Volkswagen to a "hold" rating in a research note on Tuesday, October 1st. Royal Bank of Canada cut shares of Volkswagen from an "outperform" rating to a "sector perform" rating in a research report on Wednesday, November 6th. Finally, Barclays raised shares of Volkswagen to a "strong-buy" rating in a report on Monday, September 23rd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold".
Check Out Our Latest Stock Analysis on VWAGY
Volkswagen Stock Performance
Shares of OTCMKTS VWAGY traded up $0.14 during mid-day trading on Friday, hitting $9.43. The stock had a trading volume of 427,285 shares, compared to its average volume of 327,614. The firm has a market cap of $47.27 billion, a PE ratio of 3.57, a PEG ratio of 1.03 and a beta of 1.37. The company has a 50 day moving average of $9.34 and a two-hundred day moving average of $10.67. Volkswagen has a twelve month low of $8.57 and a twelve month high of $16.48.
Volkswagen (OTCMKTS:VWAGY - Get Free Report) last released its earnings results on Wednesday, October 30th. The company reported $0.27 EPS for the quarter. Volkswagen had a return on equity of 6.37% and a net margin of 3.77%. The firm had revenue of $86.25 billion during the quarter. Equities research analysts predict that Volkswagen will post 2.53 EPS for the current fiscal year.
Volkswagen Company Profile
(
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Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.
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