Shares of Porsche Automobil Holding SE (ETR:PAH3 – Get Free Report) were down 1.4% during trading on Monday . The stock traded as low as €26.85 and last traded at €27.10. Approximately 530,116 shares changed hands during trading, an increase of 5% from the average daily volume of 502,739 shares. The stock had previously closed at €27.48.
Porsche Automobil Stock Performance
The business’s 50-day simple moving average is €29.66 and its two-hundred day simple moving average is €32.52. The firm has a market cap of $8.65 billion, a price-to-earnings ratio of 2.28, a P/E/G ratio of 2.65 and a beta of 0.95. The company has a quick ratio of 0.08, a current ratio of 15.30 and a debt-to-equity ratio of 18.34.
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. The company was formerly known as Dr. Ing. h.c. F. Porsche Aktiengesellschaft and changed its name to Porsche Automobil Holding SE in November 2007.
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