Volkswagen (ETR:VOW3) Stock Passes Above 200-Day Moving Average – What’s Next?

Volkswagen AG (ETR:VOW3) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €94.51 and traded as high as €97.12. Volkswagen shares last traded at €97.06, with a volume of 628,896 shares changing hands.

Volkswagen Stock Performance

The company has a quick ratio of 0.91, a current ratio of 1.15 and a debt-to-equity ratio of 111.17. The firm has a 50-day moving average price of €92.99 and a two-hundred day moving average price of €94.51. The firm has a market cap of $52.22 billion, a PE ratio of 4.01, a P/E/G 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.