Porsche Automobil (OTCMKTS:POAHY) Hits New 52-Week High – Time to Buy?

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHYGet Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $4.55 and last traded at $4.54, with a volume of 122657 shares. The stock had previously closed at $4.33.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on POAHY. UBS Group raised shares of Porsche Automobil from a “sell” rating to a “neutral” rating in a research note on Tuesday, November 4th. The Goldman Sachs Group upgraded Porsche Automobil to a “hold” rating in a report on Monday, November 24th. Seven analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Check Out Our Latest Analysis on Porsche Automobil

Porsche Automobil Stock Up 1.5%

The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.12 and a current ratio of 2.12. The company’s 50 day moving average is $4.06 and its 200 day moving average is $4.04.

Porsche Automobil Company Profile

(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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