Volkswagen (OTCMKTS:VWAGY) Sets New 12-Month Low – Here’s Why

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) hit a new 52-week low on Thursday . The stock traded as low as $9.78 and last traded at $9.8050, with a volume of 10980 shares traded. The stock had previously closed at $10.00.

Volkswagen Stock Down 1.1%

The company has a 50 day simple moving average of $10.51 and a two-hundred day simple moving average of $11.27. The company has a market capitalization of $49.57 billion, a P/E ratio of 7.01, a PEG ratio of 0.28 and a beta of 1.03.

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