Porsche Automobil (ETR:PAH3) Trading 0.7% Higher – Here’s What Happened

Porsche Automobil Holding SE (ETR:PAH3Get Free Report)’s share price rose 0.7% during mid-day trading on Wednesday . The company traded as high as €36.49 ($37.62) and last traded at €36.35 ($37.47). Approximately 419,808 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 502,739 shares. The stock had previously closed at €36.09 ($37.21).

Porsche Automobil Stock Up 0.7 %

The firm has a market cap of $5.57 billion, a P/E ratio of 2.26, a PEG ratio of 2.65 and a beta of 1.31. The firm’s 50-day moving average price is €36.02 and its 200 day moving average price is €39.19. The company has a debt-to-equity ratio of 13.54, a current ratio of 15.57 and a quick ratio of 0.08.

Porsche Automobil Company Profile

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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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