Shares of Porsche Automobil Holding SE (ETR:PAH3 – Get Free Report) were down 3.4% during mid-day trading on Tuesday . The stock traded as low as €27.30 and last traded at €27.46. 1,103,502 shares changed hands during trading, an increase of 119% from the average session volume of 502,739 shares. The stock had previously closed at €28.42.
Porsche Automobil Stock Down 3.4%
The business’s 50 day moving average is €28.26 and its 200 day moving average is €30.18. 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 company has a market cap of $8.77 billion, a P/E ratio of 2.31, a P/E/G ratio of 2.65 and a beta of 0.96.
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. 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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