Volkswagen (ETR:VOW3) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Volkswagen AG (ETR:VOW3Get Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €92.76 ($100.83) and traded as high as €109.45 ($118.97). Volkswagen shares last traded at €107.25 ($116.58), with a volume of 1,336,905 shares trading hands.

Volkswagen Stock Performance

The company has a debt-to-equity ratio of 111.17, a quick ratio of 0.91 and a current ratio of 1.15. The stock has a market cap of $54.59 billion, a PE ratio of 4.19, a price-to-earnings-growth ratio of 0.56 and a beta of 1.23. The company’s 50 day simple moving average is €99.81 and its 200 day simple moving average is €92.81.

About Volkswagen

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Volkswagen AG manufactures and sells automobiles in Germany, Europe, 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. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles.

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