Porsche Automobil (OTCMKTS:POAHY) Stock Rating Lowered by UBS Group

Porsche Automobil (OTCMKTS:POAHY) was downgraded by UBS Group from a “hold” rating to a “strong sell” rating in a report released on Monday,Zacks.com reports.

POAHY has been the subject of several other reports. Sanford C. Bernstein began coverage on shares of Porsche Automobil in a report on Tuesday, August 20th. They set a “market perform” rating for the company. Barclays lowered Porsche Automobil from a “hold” rating to a “strong sell” rating in a report on Thursday, October 3rd. Finally, Citigroup upgraded Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 23rd.

Porsche Automobil Trading Up 0.8 %

POAHY stock opened at $3.72 on Monday. Porsche Automobil has a 1-year low of $3.47 and a 1-year high of $5.58. The business has a fifty day moving average price of $3.97 and a 200-day moving average price of $4.37. The company has a debt-to-equity ratio of 0.13, a quick ratio of 8.63 and a current ratio of 15.57.

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.