Porsche Automobil (ETR:PAH3) Trading Up 0.6% – Still a Buy?

Shares of Porsche Automobil Holding SE (ETR:PAH3Get Free Report) traded up 0.6% during mid-day trading on Wednesday . The company traded as high as €38.01 ($41.32) and last traded at €37.70 ($40.98). 459,916 shares changed hands during trading, a decline of 9% from the average session volume of 502,739 shares. The stock had previously closed at €37.49 ($40.75).

Porsche Automobil Stock Down 2.5 %

The firm has a 50-day simple moving average of €37.71 and a 200-day simple moving average of €37.53. The stock has a market cap of $11.63 billion, a PE ratio of 3.06, a P/E/G ratio of 2.65 and a beta of 1.31.

About Porsche Automobil

(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.

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