|Bid||124.92 x 207000|
|Ask||124.96 x 63200|
|Day's range||123.42 - 127.30|
|52-week range||79.38 - 187.74|
|Beta (5Y monthly)||1.58|
|PE ratio (TTM)||11.90|
|Earnings date||29 Oct 2020|
|Forward dividend & yield||4.86 (3.83%)|
|Ex-dividend date||01 Oct 2020|
|1y target est||198.76|
The fundraising was to revive the loss-making company and bolster its balance sheet with more than £500m in cash in the face of the coronavirus pandemic.
Volkswagen AG has returned a profit in the third quarter, largely led by strong demand in China.
"The coronavirus remains a central problem," Volkswagen Chief Financial Officer Frank Witter said in a conference call with reporters. Witter said the takeover of U.S. truck maker Navistar International Corp <NAV.N> by Volkswagen's trucking unit Traton SE <8TRA.DE> was an important acquisition, but the "current economic climate will not make this easy." Volkswagen reiterated it expects to post a profit for the full year, saying its business "recovered noticeably" in the third quarter as sales in China of premium vehicles, including Audi and Porsche sports cars, rose 3%.