Volkswagen (OTCMKTS:VWAGY) Sets New 52-Week High - Still a Buy?

Key Points

• Volkswagen AG's shares reached a new 52-week high of $12.32, reflecting a 4.1% increase in value.
• The company reported $0.49 earnings per share for the last quarter, missing expectations of $0.57, but exceeded revenue forecasts with $94.79 billion against expected $76.90 billion.
• Volkswagen has a market cap of $61.76 billion and a notable PE ratio of 6.81, indicating a potentially undervalued stock status.

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $12.32 and last traded at $12.32, with a volume of 452330 shares. The stock had previously closed at $11.83.

Volkswagen Stock Up 4.1%

The stock has a market cap of $61.76 billion, a PE ratio of 6.81, a P/E/G ratio of 0.75 and a beta of 1.27. The company has a fifty day moving average price of $11.34 and a 200 day moving average price of $11.05.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last posted its earnings results on Friday, July 25th. The company reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by ($0.08). Volkswagen had a return on equity of 4.21% and a net margin of 2.57%.The firm had revenue of $94.79 billion for the quarter, compared to analysts' expectations of $76.90 billion. As a group, research analysts predict that Volkswagen AG Unsponsored ADR will post 2.53 earnings per share for the current year.

About Volkswagen

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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