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

Key Points

• Volkswagen AG's stock price surpassed its 200-day moving average, indicating positive momentum, as it traded as high as €102.95.
• The company's current market capitalization stands at $54.88 billion with a P/E ratio of 4.22, signaling a potentially attractive investment.
• Volkswagen operates in various segments including Passenger Cars and Light Commercial Vehicles, demonstrating its broad market reach in the global automotive industry.

Volkswagen AG (ETR:VOW3 - )'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €96.05 ($113.00) and traded as high as €102.95 ($121.12). Volkswagen shares last traded at €102.80 ($120.94), with a volume of 1,092,710 shares traded.

Volkswagen Stock Down 0.8%

The firm has a fifty day simple moving average of €96.25 and a 200-day simple moving average of €96.05. The company has a market capitalization of $54.88 billion, a P/E ratio of 4.22, a P/E/G ratio of 0.56 and a beta of 1.23. The company has a quick ratio of 0.91, a current ratio of 1.15 and a debt-to-equity ratio of 111.17.

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.

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