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Volkswagen (ETR:VOW3) Stock Price Passes Above 200 Day Moving Average - Here's Why

Volkswagen logo with Consumer Cyclical background
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Shares of Volkswagen AG (ETR:VOW3 - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €92.27 ($100.29) and traded as high as €114.20 ($124.13). Volkswagen shares last traded at €108.95 ($118.42), with a volume of 3,133,086 shares.

Volkswagen Trading Up 0.9 %

The company has a fifty day simple moving average of €97.18 and a two-hundred day simple moving average of €92.27. The company has a quick ratio of 0.91, a current ratio of 1.15 and a debt-to-equity ratio of 111.17. The stock has a market capitalization of $59.16 billion, a P/E ratio of 4.54, a price-to-earnings-growth ratio of 0.56 and a beta of 1.23.

Volkswagen Company Profile

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Volkswagen AG manufactures and sells automobiles in Germany, Europe, 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. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles.

Further Reading

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