|Bid||266.40 x N/A|
|Ask||266.80 x N/A|
|Day's Range||265.20 - 269.80|
|52 Week Range||131.80 - 357.40|
|Beta (5Y Monthly)||1.40|
|PE Ratio (TTM)||11.95|
|Earnings Date||Oct 29, 2020|
|Forward Dividend & Yield||4.80 (1.79%)|
|Ex-Dividend Date||Jul 23, 2021|
|1y Target Est||N/A|
Volkswagen (VWAGY) announces the the construction of a fully-owned battery systems plant in China's Hefei, which is expected to significantly boost production.
Shares of German car giant Volkswagen tumbled in the past three months over fears that production will be hurt by the global shortage in semiconductors that control the electronic brains of its vehicles, and by supply-chain problems that will delay its parts. This dip could be a good buying opportunity because optimism over VW’s advances in manufacturing electric vehicles could boost sales and trim costs. Its Volkswagen ID.4 GTX—an electric sport-utility vehicle with a €50,000 price tag—is seen as an effective rival to Tesla (TSLA).
When some investors think of Volkswagen AG (XTRA:VOW) they think of a compact, stable, and affordable car, with durable German engineering quality. Indeed, that has been the focus of VOW in the previous 10 years, however things are much different today, and investors can sometimes be surprised to find out just how big VOW has become. In this article, we will re-visit the scope of Volkswagen and analyze their value potential.