Volkswagen (ETR:VOW3) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Volkswagen AG (ETR:VOW3) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €92.99 ($101.08) and traded as high as €99.90 ($108.59). Volkswagen shares last traded at €99.30 ($107.93), with a volume of 1,581,338 shares trading hands.

Volkswagen Trading Down 2.4 %

The business has a 50 day simple moving average of €100.73 and a 200 day simple moving average of €92.99. The company has a debt-to-equity ratio of 111.17, a current ratio of 1.15 and a quick ratio of 0.91. The company has a market cap of $52.17 billion, a price-to-earnings ratio of 4.01, a price-to-earnings-growth ratio of 0.56 and a beta of 1.23.

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.