Volkswagen (ETR:VOW3) Trading 1.4% Higher – What’s Next?

Volkswagen AG (ETR:VOW3) shares rose 1.4% during 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 were traded 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 has a market capitalization of $17.72 billion, a price-to-earnings ratio of 2.83, a P/E/G ratio of 0.56 and a beta of 1.23. The business has a fifty day simple moving average of €88.25 and a two-hundred day simple moving average of €97.75. The company has a quick ratio of 0.91, a current ratio of 1.14 and a debt-to-equity ratio of 133.70.

Volkswagen Company Profile

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.