Porsche Automobil (ETR:PAH3) Stock Passes Below 50-Day Moving Average – What’s Next?

Porsche Automobil Holding SE (ETR:PAH3Get Free Report)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of €28.08 and traded as low as €27.97. Porsche Automobil shares last traded at €28.65, with a volume of 635,869 shares changing hands.

Porsche Automobil Price Performance

The company has a 50-day moving average of €28.04 and a 200 day moving average of €30.93. The company has a quick ratio of 0.08, a current ratio of 13.73 and a debt-to-equity ratio of 19.31. The stock has a market capitalization of $9.04 billion, a PE ratio of 2.38, a PEG ratio of 2.65 and a beta of 0.96.

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. 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.

Further Reading

Receive News & Ratings for Porsche Automobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Porsche Automobil and related companies with MarketBeat.com's FREE daily email newsletter.