Volkswagen (ETR:VOW3) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Volkswagen AG (ETR:VOW3) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €97.93 and traded as high as €103.50. Volkswagen shares last traded at €102.75, with a volume of 559,483 shares traded.

Volkswagen Stock Down 0.5%

The firm has a 50-day moving average price of €103.09 and a two-hundred day moving average price of €97.93. The company has a market capitalization of $55.02 billion, a P/E ratio of 4.23, a PEG ratio of 0.56 and a beta of 1.23. The company has a quick ratio of 0.91, a current ratio of 1.15 and a debt-to-equity ratio of 111.17.

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.