Porsche Automobil (POAHY) Projected to Post Earnings on Thursday

Porsche Automobil (OTCMKTS:POAHY) is expected to be posting its results before the market opens on Thursday, March 26th. Analysts expect Porsche Automobil to post earnings of $0.3420 per share for the quarter.

Porsche Automobil Stock Performance

Porsche Automobil stock opened at $3.60 on Thursday. Porsche Automobil has a twelve month low of $3.30 and a twelve month high of $4.79. The stock’s 50 day moving average is $4.14 and its 200 day moving average is $4.19.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised Porsche Automobil to a “hold” rating in a research note on Monday, November 24th. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Porsche Automobil Company Profile

Porsche Automobil Holding SE, trading in the United States as an OTC ADR under the symbol POAHY, is a German publicly traded holding company whose principal business activity is managing long-term equity investments in the global automotive sector. The company’s core asset is a majority economic interest and significant voting control in Volkswagen AG, one of the world’s leading automotive manufacturers. Through this stake, Porsche Automobil takes an active governance role across Volkswagen’s portfolio of brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini and Porsche AG.