Volkswagen (OTCMKTS:VWAGY) Sees Large Volume Increase - Still a Buy?

Key Points

• Trading volume surged: Volkswagen ADR (VWAGY) saw volume jump to 214,294 shares — a 79% increase from the prior session — while trading around $10.39 (prior close $10.60).
• Analyst views are mixed: Goldman Sachs started coverage at "neutral", Citigroup and HSBC maintain "buy" calls, Zacks moved to "hold", and MarketBeat's consensus rating is an average "Hold" (1 Strong Buy, 1 Buy, 5 Hold).
• Valuation and technicals: the company has a market cap of $52.03 billion, a low P/E of 7.26 and PEG of 0.88, with 50‑day and 200‑day moving averages at $11.99 and $11.65 respectively.

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY - Get Free Report) shares saw strong trading volume on Monday . 214,294 shares traded hands during mid-day trading, an increase of 79% from the previous session's volume of 119,732 shares.The stock last traded at $10.39 and had previously closed at $10.60.

Wall Street Analyst Weigh In

VWAGY has been the topic of several recent research reports. The Goldman Sachs Group began coverage on Volkswagen in a research note on Sunday, November 23rd. They issued a "neutral" rating on the stock. Citigroup reaffirmed a "buy" rating on shares of Volkswagen in a research report on Friday, January 16th. HSBC reiterated a "buy" rating on shares of Volkswagen in a report on Tuesday, January 13th. Finally, Zacks Research upgraded shares of Volkswagen from a "strong sell" rating to a "hold" rating in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, Volkswagen has an average rating of "Hold".

Volkswagen Price Performance

The firm has a market cap of $52.03 billion, a price-to-earnings ratio of 7.26, a P/E/G ratio of 0.88 and a beta of 1.14. The business has a 50-day moving average of $11.99 and a 200-day moving average of $11.65.

About Volkswagen

Volkswagen AG is one of the world's largest integrated automakers, headquartered in Wolfsburg, Germany. Founded in 1937 to produce a mass-market "people's car," the company expanded through the post-war period into a global automotive group. Volkswagen's operations encompass the design, engineering, manufacture and distribution of a broad range of passenger cars and light commercial vehicles, and the company's consolidated brand portfolio includes Volkswagen Passenger Cars, Audi, Porsche, Škoda, SEAT, Bentley, Lamborghini and other marques operated across its group structure.

In addition to vehicle production, Volkswagen provides a range of automotive-related products and services, including powertrain technologies, component manufacturing, mobility services and vehicle financing and leasing through its Volkswagen Financial Services unit.

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