Volkswagen (OTCMKTS:VWAGY) Stock Price Up 3.2% - What's Next?

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY - Get Free Report) was up 3.2% on Tuesday . The stock traded as high as $10.65 and last traded at $10.59. Approximately 113,264 shares traded hands during mid-day trading, a decline of 20% from the average daily volume of 142,275 shares. The stock had previously closed at $10.26.

Analyst Ratings Changes

Several equities analysts have commented on VWAGY shares. Sanford C. Bernstein raised shares of Volkswagen to a "hold" rating in a research report on Thursday, May 1st. Citigroup restated a "buy" rating on shares of Volkswagen in a report on Thursday, April 3rd. Morgan Stanley upgraded Volkswagen from an "underweight" rating to an "equal weight" rating in a report on Friday, April 25th. Finally, UBS Group upgraded Volkswagen from a "strong sell" rating to a "hold" rating in a research note on Monday, March 17th. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold".

Volkswagen Price Performance

The business has a fifty day moving average of $10.90 and a 200-day moving average of $10.48. The stock has a market cap of $53.09 billion, a PE ratio of 5.32, a price-to-earnings-growth ratio of 0.75 and a beta of 1.29.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.04). Volkswagen had a return on equity of 4.73% and a net margin of 2.84%. The company had revenue of $88.29 billion for the quarter, compared to analyst estimates of $86.25 billion. As a group, equities research analysts predict that Volkswagen AG Unsponsored ADR will post 2.53 EPS for the current year.

Volkswagen Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, May 21st were issued a $0.4419 dividend. This represents a yield of 3.79%. The ex-dividend date of this dividend was Tuesday, May 20th. Volkswagen's dividend payout ratio (DPR) is presently 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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