Volkswagen (ETR:VOW3) Stock Passes Above 200 Day Moving Average – Time to Sell?

Volkswagen AG (ETR:VOW3)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €91.95 ($94.79) and traded as high as €95.02 ($97.96). Volkswagen shares last traded at €93.38 ($96.27), with a volume of 1,203,209 shares trading hands.

Volkswagen Price Performance

The company has a quick ratio of 0.91, a current ratio of 1.14 and a debt-to-equity ratio of 133.70. The firm has a market cap of $19.33 billion, a P/E ratio of 3.15, a P/E/G ratio of 0.56 and a beta of 1.23. The business’s 50 day moving average is €89.78 and its two-hundred day moving average is €91.77.

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.