Volkswagen (ETR:VOW3) Shares Break Below Two Hundred Day Moving Average – What’s Next?

Shares of Volkswagen AG (ETR:VOW3 – Get Free Report) crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of €80.76 and traded as low as €67.90. Volkswagen shares last traded at €68.88, with a volume of 618,535 shares traded.

Volkswagen Price Performance

The firm has a fifty day moving average of €75.18 and a two-hundred day moving average of €80.65. The stock has a market capitalization of $35.83 billion, a P/E ratio of 2.75, a P/E/G ratio of 0.56 and a beta of 0.99. The company has a debt-to-equity ratio of 105.63, a current ratio of 1.07 and a quick ratio of 0.91.

About Volkswagen

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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.

Further Reading

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