Porsche Automobil (ETR:PAH3) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Porsche Automobil Holding SE (ETR:PAH3Get Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of €28.81 and traded as low as €28.11. Porsche Automobil shares last traded at €28.17, with a volume of 642,185 shares changing hands.

Porsche Automobil Price Performance

The stock has a market cap of $8.82 billion, a PE ratio of 2.32, a P/E/G ratio of 2.65 and a beta of 0.95. The business has a fifty day simple moving average of €28.74 and a two-hundred day simple moving average of €31.67. The company has a current ratio of 13.73, a quick ratio of 0.08 and a debt-to-equity ratio of 19.31.

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. The company was formerly known as Dr. Ing. h.c. F. Porsche Aktiengesellschaft and changed its name to Porsche Automobil Holding SE in November 2007.

Further Reading

Receive News & Ratings for Porsche Automobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Porsche Automobil and related companies with MarketBeat.com's FREE daily email newsletter.