Volkswagen AG (#VOW) Stock Price, Live Chart & Analysis | Trade #VOW
Volkswagen AG -
Volkswagen AG is a German automotive corporation headquartered in Wolfsburg, Germany. It includes a variety of car brands, including Volkswagen, Škoda, Audi, Porsche, Lamborghini and others. Volkswagen maintains one of the largest market shares in Europe and is one of the largest automakers in the world. It has over 110 production plants all over the world.
Traders and investors should look into the financial indicators of the company as well as its prospects in the industry. Volkswagen is investing in the sustainability of its manufacturing processes with the aim of reaching carbon neutrality by 2050 and is in the process of transitioning towards the use of renewable energy and manufacturing mostly electric cars. Its success or failure to do that will affect the VOW stock price.
It's important to follow Volkswagen's main competitors, which include Mercedes-Benz Group, Toyota, Ford and Honda to evaluate the position of the company in the market. Successful market entries or faster electrification of those companies may negatively affect the VOW rate.
In 2016, Volkswagen was involved in an emissions scandal with 11 million cars fitted with software that deceived emissions testing. Volkswagen was ordered to pay more than $30 billion in penalties. The scandal was a major bearish factor for the VOW price, as will be all similar controversies involving the car manufacturer.
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SellBuyActive SellActive Buy
| Sell | 102.1 |
| Buy | 102.3 |
| Sentiment | 100% ▾ |
| 1-day change | -5.7(-5.29%) |
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Volkswagen AG (#VOW) shares’ cost is $102.3 for today. The highest rate of shares Volkswagen AG (#VOW) for today is $103.8000, the lowest price is $101.0000. The opening price was $103.3.
A real-time chart for Volkswagen AG (#VOW) shares quote is provided below.
Price chart of #VOW in real time mode
Available in trading accounts:
- ECN
- CLASSIC
Prev. Close101
Day's Range101.0000 - 103.8000
Opening103.3
52 wk Range98.55-152.5
Volume2,824,376
Shares Outstanding501,295,263
Average Volume106,632
Market Cap49.64B
1-Year Return-19.39%
EPS29.79
Beta1.25
Revenue324.83B
P/E Ratio3.44
Dividends9.00(8.91%)
Next Earnings Date2024-10-30
Spread0
Swap Long-6
Contract size1
Swap Short2.5
Stop&Limit Level0
Interesting facts about the #VOW (Volkswagen AG)
The structure of Volkswagen AG includes about 340 subsidiaries. They are mainly engaged in the production and sale of cars. Cars and trucks, buses, and even motorcycles are produced under various brands of the Volkswagen company.
The company's main income comes from the production of passenger cars. They are represented in all currently existing types: sedan, hatchback, crossovers, etc.
In recent years Volkswagen has shown stable revenue and profit growth (except for a 10% decrease in the pandemic of 2020). According to the strategic development plan until 2025, Volkswagen should become the industry leader in the production of electric vehicles.
Volkswagen shares are sold on Berlin, Düsseldorf, Frankfurt, Hamburg, Hanover, Munich, and Stuttgart exchanges under the ticker VOW. The company’s ordinary shares were listed at a price of 350 Deutsche marks in April 1961. There have been two stock splits. In September 1986, Volkswagen issued preference shares through a recapitalization of 300 million Deutsche marks.
The company's shares are included in such global indices as DAX, CDAX, Prime All Share, EURO STOXX, EURO STOXX Automobile & Parts, EURO STOXX 50, S&P Global 100 Index, and MSCI Euro.
When the company announced its plans to hold an IPO (initial public offering) of the automaker Porsche shares, VOW shares surged. This is because Porsche Automobil Holding is Volkswagen’s largest shareholder. Such internal events are vital for the corporation’s development. A successful outcome will allow Volkswagen to use the funds raised to help itself in digitization and transition to electric vehicles.
When forecasting the value of Volkswagen shares, it is worth paying attention to several factors:
1. Earnings reports. The company publishes reports in March, May, July, and October.
2. Macroeconomic factors. It is necessary to monitor the state of the global economy. During periods of crisis, car sales fall, which affects the corporation’s stock price.
3. Exchange rates. Also, take into account the Euro exchange rate – this is a European manufacturer, if the EU currency becomes cheaper, then cars become more competitive.
4. ESG contribution. Pay attention to compliance with environmental requirements. There has already been a precedent for violations.
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