Volkswagen (OTCMKTS:VWAGY) Stock Price Up 3.2% - Should You Buy?

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

Analyst Upgrades and Downgrades

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

Volkswagen Stock Performance

The business's 50 day simple moving average is $10.91 and its 200-day simple moving average is $10.49. The company has a market cap of $54.24 billion, a price-to-earnings ratio of 5.44, a price-to-earnings-growth ratio of 0.78 and a beta of 1.29.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.04). Volkswagen had a net margin of 2.84% and a return on equity of 4.73%. The firm had revenue of $88.29 billion for the quarter, compared to analyst estimates of $86.25 billion. Research analysts expect that Volkswagen AG Unsponsored ADR will post 2.53 earnings per share for the current 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 issued a $0.4419 dividend. The ex-dividend date was Tuesday, May 20th. This represents a yield of 3.79%. Volkswagen's dividend payout ratio is currently 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.