Porsche Automobil (OTCMKTS:POAHY) Cut to Reduce at Kepler Capital Markets

Kepler Capital Markets lowered shares of Porsche Automobil (OTCMKTS:POAHY) from a hold rating to a reduce rating in a research report released on Monday, Marketbeat Ratings reports.

POAHY has been the subject of a number of other reports. UBS Group upgraded Porsche Automobil from a “hold” rating to a “strong-buy” rating in a report on Monday, June 8th. The Goldman Sachs Group upgraded Porsche Automobil from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Porsche Automobil has an average rating of “Buy”.

Porsche Automobil Stock Down 4.6%

POAHY stock opened at $2.93 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 9.94 and a quick ratio of 9.94. The stock has a 50-day moving average price of $3.20 and a 200-day moving average price of $3.43. Porsche Automobil has a 1-year low of $2.92 and a 1-year high of $4.79.

About Porsche Automobil

Porsche Automobil Holding SE is a Germany-based holding company focused on managing strategic investments in the automotive and mobility sectors. It is separate from Porsche AG, the sports-car manufacturer, although it has a significant indirect connection to the Porsche brand through its ownership interest in Volkswagen AG.

Porsche SE is the largest shareholder of Volkswagen AG and holds ordinary shares that provide substantial voting influence. Through Volkswagen, the company has indirect exposure to a broad portfolio of automotive brands, including Volkswagen, Audi, Porsche, Škoda, SEAT, Bentley, Lamborghini and Ducati, as well as commercial vehicles and mobility-related businesses.