Volkswagen (OTCMKTS:VWAGY) Sets New 12-Month Low – Here’s Why

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $9.78 and last traded at $9.8050, with a volume of 10980 shares. The stock had previously closed at $10.00.

Volkswagen Stock Performance

The firm has a market capitalization of $49.57 billion, a PE ratio of 7.01, a PEG ratio of 0.28 and a beta of 1.03. The company has a fifty day moving average price of $10.51 and a 200-day moving average price of $11.27.

Volkswagen (OTCMKTS:VWAGY) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.11). The firm had revenue of $88.75 billion for the quarter, compared to analysts’ expectations of $91.84 billion. Volkswagen had a return on equity of 3.18% and a net margin of 1.96%. On average, equities analysts predict that Volkswagen AG Unsponsored ADR will post 2.23 earnings per share for the current year.

About Volkswagen

Volkswagen AG is one of the world’s largest integrated automakers, headquartered in Wolfsburg, Germany. Founded in 1937 to produce a mass-market “people’s car,” the company expanded through the post-war period into a global automotive group. Volkswagen’s operations encompass the design, engineering, manufacture and distribution of a broad range of passenger cars and light commercial vehicles, and the company’s consolidated brand portfolio includes Volkswagen Passenger Cars, Audi, Porsche, Škoda, SEAT, Bentley, Lamborghini and other marques operated across its group structure.

In addition to vehicle production, Volkswagen provides a range of automotive-related products and services, including powertrain technologies, component manufacturing, mobility services and vehicle financing and leasing through its Volkswagen Financial Services unit.