Volkswagen (OTCMKTS:VWAGY) Rating Increased to Hold at UBS Group

Volkswagen (OTCMKTS:VWAGY) was upgraded by UBS Group from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Volkswagen Trading Down 2.1 %

OTCMKTS:VWAGY opened at $11.84 on Monday. The stock has a market capitalization of $59.35 billion, a price-to-earnings ratio of 4.48, a PEG ratio of 1.03 and a beta of 1.36. The firm has a fifty day simple moving average of $10.68 and a two-hundred day simple moving average of $10.16. Volkswagen has a 12 month low of $8.57 and a 12 month high of $16.48.

About Volkswagen

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.