Volkswagen (ETR:VOW3) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Volkswagen AG (ETR:VOW3) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €92.49 ($105.10) and traded as high as €92.56 ($105.18). Volkswagen shares last traded at €92.40 ($105.00), with a volume of 1,028,959 shares.

Volkswagen Trading Up 2.9 %

The company has a current ratio of 1.15, a quick ratio of 0.91 and a debt-to-equity ratio of 111.17. The stock has a market cap of $51.14 billion, a price-to-earnings ratio of 3.93, a P/E/G ratio of 0.56 and a beta of 1.23. The company has a fifty day simple moving average of €98.11 and a 200-day simple moving average of €92.49.

Volkswagen Company Profile

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.