Volkswagen (ETR:VOW3) Stock Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• Volkswagen AG's stock surpassed its 200-day moving average of €95.67, currently trading at €97.28, with a high of €98.78.
• The company's significant debt-to-equity ratio of 111.17 raises concerns about its financial leverage.
• Volkswagen has a market cap of $48.63 billion and a low P/E ratio of 3.73, indicating potentially undervalued stock.

Volkswagen AG (ETR:VOW3 - ) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €95.67 ($112.55) and traded as high as €98.78 ($116.21). Volkswagen shares last traded at €97.28 ($114.45), with a volume of 1,340,164 shares trading hands.

Volkswagen Trading Down 7.1%

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's 50 day moving average is €97.15 and its two-hundred day moving average is €95.67. The firm has a market cap of $48.63 billion, a P/E ratio of 3.73, a PEG ratio of 0.56 and a beta of 1.23.

About Volkswagen

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.

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