Porsche Automobil (OTCMKTS:POAHY) Reaches New 52-Week High – Should You Buy?

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $4.55 and last traded at $4.54, with a volume of 122657 shares changing hands. The stock had previously closed at $4.33.

Analyst Ratings Changes

POAHY has been the topic of a number of research analyst reports. UBS Group upgraded Porsche Automobil from a “sell” rating to a “neutral” rating in a research report on Tuesday, November 4th. The Goldman Sachs Group upgraded shares of Porsche Automobil to a “hold” rating in a research report on Monday, November 24th. Seven research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Porsche Automobil Stock Performance

The company has a debt-to-equity ratio of 0.19, a current ratio of 2.12 and a quick ratio of 2.12. The stock’s 50-day moving average is $4.03 and its two-hundred day moving average is $4.03.

About Porsche Automobil

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.