Porsche Automobil (OTCMKTS:POAHY) Sets New 12-Month Low – Time to Sell?

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $3.01 and last traded at $3.0150, with a volume of 20613 shares changing hands. The stock had previously closed at $3.07.

Wall Street Analyst Weigh In

POAHY has been the subject of several recent research reports. UBS Group raised Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 8th. The Goldman Sachs Group upgraded Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, Porsche Automobil presently has a consensus rating of “Strong Buy”.

Porsche Automobil Trading Down 1.1%

The company has a 50-day moving average of $3.37 and a 200-day moving average of $3.75. The company has a debt-to-equity ratio of 0.18, a quick ratio of 9.94 and a current ratio of 9.94.

Porsche Automobil Company Profile

Porsche Automobil Holding SE, trading in the United States as an OTC ADR under the symbol POAHY, is a German publicly traded holding company whose principal business activity is managing long-term equity investments in the global automotive sector. The company’s core asset is a majority economic interest and significant voting control in Volkswagen AG, one of the world’s leading automotive manufacturers. Through this stake, Porsche Automobil takes an active governance role across Volkswagen’s portfolio of brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini and Porsche AG.