Porsche Automobil (ETR:PAH3) Trading Up 1.7% – Here’s What Happened

Porsche Automobil Holding SE (ETR:PAH3)’s share price traded up 1.7% during mid-day trading on Tuesday . The stock traded as high as €35.65 ($37.53) and last traded at €35.48 ($37.35). 811,505 shares were traded during trading, an increase of 61% from the average session volume of 502,739 shares. The stock had previously closed at €34.90 ($36.74).

Porsche Automobil Stock Up 0.1 %

The business’s 50-day moving average is €37.27 and its 200-day moving average is €40.60. The company has a market capitalization of $5.47 billion, a price-to-earnings ratio of 2.22, a P/E/G ratio of 2.65 and a beta of 1.31. The company has a quick ratio of 0.08, a current ratio of 15.57 and a debt-to-equity ratio of 13.54.

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.