Volkswagen (OTCMKTS:VWAGY) Upgraded to “Hold” at UBS Group

UBS Group upgraded shares of Volkswagen (OTCMKTS:VWAGY) from a strong sell rating to a hold rating in a research report report published on Monday morning,Zacks.com reports.

Volkswagen Trading Down 2.1 %

Volkswagen stock opened at $11.84 on Monday. The firm has a market capitalization of $59.35 billion, a P/E ratio of 4.48, a PEG ratio of 1.03 and a beta of 1.36. Volkswagen has a 1 year low of $8.57 and a 1 year high of $16.48. The business has a 50-day moving average of $10.68 and a 200-day moving average of $10.16.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, 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.