Volkswagen (OTCMKTS:VWAGY) Hits 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.

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY - Get Free Report)'s share price reached 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 trading hands. The stock had previously closed at $11.83.

Volkswagen Price Performance

The firm's fifty day moving average price is $11.46 and its 200-day moving average price is $11.09. The firm has a market capitalization of $60.46 billion, a P/E ratio of 6.66, a PEG ratio of 0.77 and a beta of 1.27.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last posted its quarterly earnings data on Friday, July 25th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.08). The company had revenue of $94.79 billion during the quarter, compared to the consensus estimate of $76.90 billion. Volkswagen had a net margin of 2.57% and a return on equity of 4.21%. Analysts expect that Volkswagen AG Unsponsored ADR will post 2.53 earnings per share for the current year.

Volkswagen Company Profile

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.