Volkswagen (OTCMKTS:VWAGY) Shares Gap Down - What's Next?

Key Points

• Volkswagen shares gapped down from a previous close of $11.04 to open at $10.62 on Monday, with the latest trading price at $10.73.
• The company reported $0.49 EPS for the last quarter, missing estimates by $0.08, but achieved a revenue of $94.79 billion, exceeding expectations.
• Volkswagen's market capitalization stands at $54.44 billion, with a P/E ratio of 6.00 and a PEG ratio of 0.70.

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $11.04, but opened at $10.62. Volkswagen shares last traded at $10.73, with a volume of 127,238 shares trading hands.

Volkswagen Trading Up 2.8%

The business has a fifty day moving average of $11.52 and a 200-day moving average of $11.10. The firm has a market cap of $56.09 billion, a PE ratio of 6.18, a PEG ratio of 0.70 and a beta of 1.27.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last issued its quarterly earnings data 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). The business had revenue of $94.79 billion during the quarter, compared to the consensus estimate of $76.90 billion. Volkswagen had a return on equity of 4.21% and a net margin of 2.57%. On average, equities analysts forecast that Volkswagen AG Unsponsored ADR will post 2.53 EPS 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.