Porsche Automobil (OTCMKTS:POAHY) Reaches New 52-Week Low – Time to Sell?

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) reached a new 52-week low on Thursday . The stock traded as low as $3.44 and last traded at $3.4455, with a volume of 105476 shares trading hands. The stock had previously closed at $3.45.

Analyst Ratings Changes

Separately, UBS Group raised Porsche Automobil from a “hold” rating to a “strong-buy” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Porsche Automobil has an average rating of “Buy”.

Porsche Automobil Stock Performance

The company has a quick ratio of 9.94, a current ratio of 9.94 and a debt-to-equity ratio of 0.18. The company has a fifty day simple moving average of $3.67 and a 200 day simple moving average of $4.04.

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.