Volkswagen (OTCMKTS:VWAGY) Shares Down 0.6% - Here's What Happened

Key Points

• Volkswagen AG shares declined by 0.6%, closing at $10.60, with a trading volume that fell by 15% from its average daily volume.
• The company's latest quarterly earnings report showed an EPS of $0.49, missing the expected $0.57, despite reporting revenue of $94.79 billion, surpassing analysts' expectations.
• Volkswagen holds a market capitalization of $53.14 billion and has a PE ratio of 5.86, indicating potentially undervalued stock in relation to its earnings.

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY - Get Free Report) dropped 0.6% during trading on Tuesday . The company traded as low as $10.49 and last traded at $10.60. Approximately 220,251 shares traded hands during trading, a decline of 15% from the average daily volume of 259,571 shares. The stock had previously closed at $10.66.

Volkswagen Price Performance

The business's 50 day moving average price is $11.49 and its 200 day moving average price is $11.02. The firm has a market cap of $53.14 billion, a PE ratio of 5.86, a PEG ratio of 0.67 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 EPS for the quarter, missing the consensus estimate 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, 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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