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

Volkswagen AG (ETR:VOW3)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €91.73 ($97.59) and traded as high as €110.00 ($117.02). Volkswagen shares last traded at €106.50 ($113.30), with a volume of 2,262,374 shares.

Volkswagen Stock Performance

The stock has a 50 day simple moving average of €94.85 and a 200 day simple moving average of €91.73. The company has a current ratio of 1.15, a quick ratio of 0.91 and a debt-to-equity ratio of 111.17. The stock has a market cap of $54.94 billion, a P/E ratio of 4.22, a price-to-earnings-growth ratio of 0.56 and a beta of 1.23.

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.