Volkswagen (ETR:VOW3) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Shares of Volkswagen AG (ETR:VOW3) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €91.43 ($96.24) and traded as high as €100.85 ($106.16). Volkswagen shares last traded at €99.78 ($105.03), with a volume of 2,809,711 shares traded.

Volkswagen Price 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 firm has a market capitalization of $53.91 billion, a P/E ratio of 4.14, a P/E/G ratio of 0.56 and a beta of 1.23. The stock’s 50 day simple moving average is €91.17 and its 200 day simple moving average is €91.40.

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.