Volkswagen (ETR:VOW3) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of Volkswagen AG (ETR:VOW3) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €98.85 and traded as low as €89.54. Volkswagen shares last traded at €89.98, with a volume of 1,506,371 shares trading hands.

Volkswagen Price Performance

The company has a debt-to-equity ratio of 160.33, a current ratio of 1.12 and a quick ratio of 0.91. The company has a 50 day moving average price of €101.10 and a 200 day moving average price of €98.70. The firm has a market cap of $48.59 billion, a PE ratio of 3.73, a PEG ratio of 0.56 and a beta of 0.96.

Volkswagen Company Profile

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.