Porsche Automobil (ETR:PAH3) Hits New 52-Week Low – Should You Sell?

Shares of Porsche Automobil Holding SE (ETR:PAH3Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as €36.11 ($39.68) and last traded at €37.69 ($41.42), with a volume of 1318001 shares traded. The stock had previously closed at €36.90 ($40.55).

Porsche Automobil Stock Performance

The company’s 50 day simple moving average is €39.90 and its 200 day simple moving average is €43.07. The stock has a market cap of $5.77 billion, a PE ratio of 2.30, a price-to-earnings-growth ratio of 2.65 and a beta of 1.31. The company has a debt-to-equity ratio of 13.54, a quick ratio of 0.08 and a current ratio of 15.57.

Porsche Automobil Company Profile

(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.

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