Porsche Automobil (OTCMKTS:POAHY) Cut to Strong Sell at UBS Group

UBS Group downgraded shares of Porsche Automobil (OTCMKTS:POAHY) from a hold rating to a strong sell rating in a research report sent to investors on Monday,Zacks.com reports.

A number of other research firms also recently weighed in on POAHY. Sanford C. Bernstein began coverage on Porsche Automobil in a report on Tuesday, August 20th. They set a “market perform” rating for the company. Citigroup raised shares of Porsche Automobil from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 23rd. Finally, Barclays lowered Porsche Automobil from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 3rd.

Porsche Automobil Price Performance

Shares of POAHY stock opened at $3.71 on Monday. Porsche Automobil has a 12-month low of $3.47 and a 12-month high of $5.58. The firm has a 50 day moving average price of $3.95 and a two-hundred day moving average price of $4.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 8.63 and a current ratio of 15.57.

About Porsche Automobil

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.