Volkswagen (ETR:VOW3) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Volkswagen AG (ETR:VOW3) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €92.99 ($101.08) and traded as high as €99.90 ($108.59). Volkswagen shares last traded at €99.30 ($107.93), with a volume of 1,581,338 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 company has a market cap of $52.17 billion, a price-to-earnings ratio of 4.01, a PEG ratio of 0.56 and a beta of 1.23. The firm’s 50-day moving average price is €100.73 and its 200 day moving average price is €92.99.

About Volkswagen

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.