Volkswagen (OTCMKTS:VWAGY) Trading Down 0.6% - What's Next?

Volkswagen AG (OTCMKTS:VWAGY - Get Free Report) shares fell 0.6% on Friday . The company traded as low as $10.90 and last traded at $10.97. 45,330 shares changed hands during trading, a decline of 80% from the average session volume of 232,246 shares. The stock had previously closed at $11.04.

Analyst Ratings Changes

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

Volkswagen Price Performance

The firm has a market capitalization of $55.00 billion, a P/E ratio of 4.16, a PEG ratio of 1.03 and a beta of 1.30. The firm's 50 day moving average is $10.76 and its two-hundred day moving average is $10.29.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last announced its quarterly 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 company had revenue of $88.29 billion during the quarter, compared to analyst estimates of $86.25 billion. Volkswagen had a net margin of 3.77% and a return on equity of 6.37%. Analysts anticipate that Volkswagen AG will post 2.53 EPS for the current fiscal year.

Volkswagen Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, June 5th. Investors of record on Wednesday, May 21st will be given a dividend of $0.4419 per share. The ex-dividend date of this dividend is Tuesday, May 20th. This represents a yield of 3.79%. Volkswagen's dividend 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.