Porsche Automobil (ETR:PAH3) Trading 0.7% Higher – Time to Buy?

Porsche Automobil Holding SE (ETR:PAH3Get Free Report) rose 0.7% during 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 traded hands during 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’s 50 day moving average price is €36.02 and its two-hundred day moving average price is €39.19. The firm has a market capitalization of $5.57 billion, a PE ratio of 2.26, a P/E/G ratio of 2.65 and a beta of 1.31. The company has a quick ratio of 0.08, a current ratio of 15.57 and a debt-to-equity ratio of 13.54.

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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