Volkswagen (OTCMKTS:VWAGY) Sets New 1-Year Low – Here’s Why

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) shares hit a new 52-week low on Thursday . The company traded as low as $9.90 and last traded at $9.94, with a volume of 27171 shares traded. The stock had previously closed at $10.00.

Volkswagen Stock Up 1.4%

The firm has a market capitalization of $51.48 billion, a price-to-earnings ratio of 7.28, a P/E/G ratio of 0.28 and a beta of 1.03. The stock’s fifty day moving average is $10.51 and its two-hundred day moving average is $11.29.

Volkswagen (OTCMKTS:VWAGY) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.11). The company had revenue of $88.75 billion during the quarter, compared to analyst estimates of $91.84 billion. Volkswagen had a net margin of 1.96% and a return on equity of 3.18%. As a group, analysts anticipate that Volkswagen AG Unsponsored ADR will post 2.23 EPS 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.