Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 825,850 shares changed hands during trading, an increase of 283% from the previous session's volume of 215,449 shares.The stock last traded at $11.79 and had previously closed at $11.73.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on VWAGY. Sanford C. Bernstein raised shares of Volkswagen to a "hold" rating in a research note on Thursday, May 1st. Morgan Stanley raised shares of Volkswagen from an "underweight" rating to an "equal weight" rating in a research report on Friday, April 25th. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold".
Check Out Our Latest Stock Report on VWAGY
Volkswagen Trading Up 0.1%
The stock's fifty day moving average price is $10.85 and its 200 day moving average price is $10.86. The stock has a market cap of $58.85 billion, a P/E ratio of 6.49, a price-to-earnings-growth ratio of 0.73 and a beta of 1.30.
Volkswagen (OTCMKTS:VWAGY - Get Free Report) last released its earnings results on Friday, July 25th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.08). Volkswagen had a net margin of 2.57% and a return on equity of 4.21%. The business had revenue of $94.79 billion for the quarter, compared to the consensus estimate of $76.90 billion. On average, analysts anticipate that Volkswagen AG Unsponsored ADR will post 2.53 earnings per share for the current year.
Volkswagen Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, May 21st were given a dividend of $0.4419 per share. This represents a yield of 379.0%. The ex-dividend date of this dividend was Tuesday, May 20th. Volkswagen's dividend payout ratio (DPR) is 24.86%.
Volkswagen Company Profile
(
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Volkswagen AG manufactures and sells automobiles in Germany, other European countries, 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.
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