Porsche Automobil (ETR:PAH3) Stock Price Up 1.7% – Should You Buy?

Porsche Automobil Holding SE (ETR:PAH3Get Free Report)’s share price rose 1.7% on Tuesday . The company traded as high as €35.65 ($37.53) and last traded at €35.48 ($37.35). Approximately 811,505 shares changed hands during trading, an increase of 61% from the average daily volume of 502,739 shares. The stock had previously closed at €34.90 ($36.74).

Porsche Automobil Trading Up 0.6 %

The firm has a market capitalization of $5.47 billion, a PE ratio of 2.21, a price-to-earnings-growth 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. The company’s 50-day simple moving average is €37.49 and its 200 day simple moving average is €40.72.

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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