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Volkswagen (ETR:VOW3) Trading 1.4% Higher - Here's What Happened

Volkswagen logo with Consumer Cyclical background

Volkswagen AG (ETR:VOW3 - Get Free Report)'s share price rose 1.4% during mid-day trading on Tuesday . The company traded as high as €84.84 ($89.31) and last traded at €84.34 ($88.78). Approximately 1,027,050 shares traded hands during trading, a decline of 36% from the average daily volume of 1,610,000 shares. The stock had previously closed at €83.14 ($87.52).

Volkswagen Stock Up 1.9 %

The company's 50-day moving average price is €88.08 and its 200 day moving average price is €97.51. The company has a debt-to-equity ratio of 133.70, a quick ratio of 0.91 and a current ratio of 1.14. The stock has a market cap of $17.72 billion, a PE ratio of 2.89, a price-to-earnings-growth ratio of 0.56 and a beta of 1.23.

Volkswagen Company Profile

(Get Free Report)

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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