UBS Group Upgrades Volkswagen (OTCMKTS:VWAGY) to “Hold”

Volkswagen (OTCMKTS:VWAGY) was upgraded by research analysts at UBS Group from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Volkswagen Trading Down 2.1 %

Shares of VWAGY opened at $11.84 on Monday. Volkswagen has a twelve month low of $8.57 and a twelve month high of $16.48. The company has a market cap of $59.35 billion, a P/E ratio of 4.48, a P/E/G ratio of 1.03 and a beta of 1.36. The company’s fifty day simple moving average is $10.68 and its 200-day simple moving average is $10.16.

Volkswagen Company Profile

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.