Volkswagen (OTCMKTS:VWAGY) Upgraded by UBS Group to Hold Rating

Volkswagen (OTCMKTS:VWAGY) was upgraded by stock analysts at UBS Group from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Volkswagen Price Performance

Shares of Volkswagen stock opened at $11.84 on Monday. Volkswagen has a 1 year low of $8.57 and a 1 year high of $16.48. The firm’s 50-day moving average is $10.68 and its two-hundred day moving average is $10.16. The stock has a market cap of $59.35 billion, a price-to-earnings ratio of 4.48, a PEG ratio of 1.03 and a beta of 1.36.

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.