Porsche Automobil (ETR:PAH3) Trading 0.3% Higher – Time to Buy?

Porsche Automobil Holding SE (ETR:PAH3Get Free Report)’s stock price traded up 0.3% during mid-day trading on Wednesday . The stock traded as high as €37.16 ($39.12) and last traded at €37.11 ($39.06). 424,386 shares traded hands during trading, a decline of 16% from the average session volume of 502,739 shares. The stock had previously closed at €37.01 ($38.96).

Porsche Automobil Stock Up 0.2 %

The company has a fifty day simple moving average of €35.50 and a 200-day simple moving average of €38.52. The company has a quick ratio of 0.08, a current ratio of 15.57 and a debt-to-equity ratio of 13.54. The firm has a market cap of $5.67 billion, a P/E ratio of 2.30, a price-to-earnings-growth ratio of 2.65 and a beta of 1.31.

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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