Volkswagen (OTCMKTS:VWAGY) Reaches New 12-Month Low – What’s Next?

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) hit a new 52-week low during trading 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 Price Performance

The company has a market cap of $49.70 billion, a P/E ratio of 7.03, a PEG ratio of 0.28 and a beta of 1.03. The stock has a 50-day moving average of $10.52 and a 200 day moving average of $11.30.

Volkswagen (OTCMKTS:VWAGY) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.11). The company had revenue of $88.75 billion during the quarter, compared to the consensus estimate of $91.84 billion. Volkswagen had a return on equity of 3.18% and a net margin of 1.96%. Sell-side analysts predict 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.