Volkswagen (OTCMKTS:VWAGY) Shares Up 1.1% - What's Next?

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY - Get Free Report) traded up 1.1% during trading on Monday . The stock traded as high as $10.81 and last traded at $10.72. 99,286 shares changed hands during trading, a decline of 38% from the average session volume of 160,208 shares. The stock had previously closed at $10.60.

Analysts Set New Price Targets

A number of research firms have recently weighed in on VWAGY. Sanford C. Bernstein raised Volkswagen to a "hold" rating in a research note on Thursday, May 1st. Morgan Stanley raised Volkswagen from an "underweight" rating to an "equal weight" rating in a research report on Friday, April 25th. Finally, Citigroup restated a "buy" rating on shares of Volkswagen in a research report on Thursday, April 3rd. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold".

Volkswagen Trading Up 1.1%

The stock's fifty day moving average is $10.88 and its 200 day moving average is $10.69. The company has a market capitalization of $53.74 billion, a P/E ratio of 5.39, a price-to-earnings-growth ratio of 0.79 and a beta of 1.27.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.04). The firm had revenue of $88.29 billion during the quarter, compared to analysts' expectations of $86.25 billion. Volkswagen had a net margin of 2.84% and a return on equity of 4.73%. On average, analysts expect that Volkswagen AG Unsponsored ADR will post 2.53 EPS for the current fiscal year.

Volkswagen Cuts Dividend

The company also recently disclosed 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. The ex-dividend date was Tuesday, May 20th. This represents a yield of 3.79%. Volkswagen's payout ratio is 22.61%.

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.

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