Porsche Automobil (ETR:PAH3) Shares Up 1.5% – What’s Next?

Porsche Automobil Holding SE (ETR:PAH3 – Get Free Report) shares traded up 1.5% during trading on Tuesday. The stock traded as high as €25.99 and last traded at €25.99. Approximately 272,561 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 502,739 shares. The stock had previously closed at €25.60.

Porsche Automobil Stock Performance

The firm’s 50-day moving average price is €26.51 and its two-hundred day moving average price is €30.42. The company has a quick ratio of 0.08, a current ratio of 13.73 and a debt-to-equity ratio of 19.31. The firm has a market capitalization of $8.30 billion, a PE ratio of 2.18, a P/E/G ratio of 2.65 and a beta of 0.99.

About Porsche Automobil

(Get Free Report)

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.

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