Volkswagen (OTCMKTS:VWAGY) Reaches New 1-Year Low – Should You Sell?

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) hit a new 52-week low on Tuesday . The stock traded as low as $8.31 and last traded at $8.41, with a volume of 782131 shares changing hands. The stock had previously closed at $8.58.

Wall Street Analyst Weigh In

Separately, Citigroup restated a “buy” rating on shares of Volkswagen in a research report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Volkswagen Stock Up 2.2%

The company has a market capitalization of $41.76 billion, a PE ratio of 5.91, a price-to-earnings-growth ratio of 0.22 and a beta of 1.08. The firm has a 50-day moving average of $10.15 and a two-hundred day moving average of $11.03.

Volkswagen (OTCMKTS:VWAGY) last posted its earnings results on Thursday, April 30th. The company reported $0.30 earnings per share (EPS) 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 business had revenue of $88.75 billion for the quarter, compared to analyst estimates of $91.84 billion. On average, equities research analysts expect that Volkswagen AG Unsponsored ADR will post 2.23 EPS for the current year.

Volkswagen Company Profile

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.