Volkswagen Stock Sees Third Consecutive Day of Gains

The stock of the Lower Saxony-based automaker Volkswagen currently trades at €86.76, marking an increase from the previous closing price of €86.24. This upward trend follows several positive trading days, raising hopes for continued growth, though future performance remains uncertain.

Volkswagen Outperforms the DAX

With a gain of 0.60%, Volkswagen ranks 8th among DAX-listed companies today, outpacing the overall index, which rose by 0.14%. This solid performance places the automaker in the upper third of the German stock market’s leading index.

Trading Volume Insights

So far, 160,738 Volkswagen shares have been traded today. In comparison, the previous trading session saw a total of 1,446,973 shares changing hands, indicating a noticeable drop in trading activity.

Stock Performance Metrics

Volkswagen’s current share price is 27.06% below its 52-week high of €118.96. Meanwhile, its 52-week low stands at €78.86, emphasizing the stock’s volatility over the past year.

Market Capitalization and Index Weighting

Volkswagen’s market capitalization is currently valued at €43.99 billion, giving it a 2.32% weighting in the DAX index calculation. Among the DAX’s major players, SAP, Deutsche Bank, and Siemens hold the highest free-float market capitalizations.

With a global workforce of 651,917 employees, Volkswagen ranks 11th among companies listed in the DAX, reinforcing its status as one of Germany’s most significant industrial giants