Porsche Automobil (ETR:PAH3) Stock Price Up 0.8% – Here’s What Happened

Porsche Automobil Holding SE (ETR:PAH3) shares shot up 0.8% during trading on Wednesday . The stock traded as high as €36.52 and last traded at €36.23. 321,929 shares changed hands during trading, a decline of 36% from the average session volume of 502,739 shares. The stock had previously closed at €35.96.

Porsche Automobil Trading Up 0.8%

The stock has a market cap of $11.57 billion, a P/E ratio of 3.05, a price-to-earnings-growth ratio of 2.65 and a beta of 1.31. The business has a 50-day simple moving average of €37.58 and a 200 day simple moving average of €36.57.

Porsche Automobil Company Profile

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. The company was formerly known as Dr. Ing. h.c. F. Porsche Aktiengesellschaft and changed its name to Porsche Automobil Holding SE in November 2007.