Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Given Consensus Recommendation of “Hold” by Analysts

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) has received an average rating of “Hold” from the five research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company.

Separately, Zacks Research downgraded shares of Volkswagen from a “hold” rating to a “strong sell” rating in a report on Friday, October 31st.

Volkswagen Price Performance

Shares of VWAGY opened at $10.90 on Tuesday. The firm has a market cap of $54.64 billion, a P/E ratio of 6.02, a price-to-earnings-growth ratio of 0.65 and a beta of 1.25. Volkswagen has a 1 year low of $8.57 and a 1 year high of $12.32. The company has a 50 day simple moving average of $11.12 and a two-hundred day simple moving average of $11.10.

Volkswagen (OTCMKTS:VWAGY) last issued its earnings results on Thursday, October 30th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.12). The company had revenue of $93.67 billion for the quarter, compared to the consensus estimate of $78.07 billion. Volkswagen had a return on equity of 4.21% and a net margin of 2.57%. On average, sell-side analysts anticipate that Volkswagen will post 2.53 earnings per share for the current year.

About Volkswagen

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.