Porsche Automobil (ETR:PAH3) Trading Up 0.8% – Time to Buy?

Porsche Automobil Holding SE (ETR:PAH3Get Free Report) shares were up 0.8% during mid-day trading on Thursday . The stock traded as high as €40.09 ($44.05) and last traded at €39.93 ($43.88). Approximately 409,989 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 502,739 shares. The stock had previously closed at €39.63 ($43.55).

Porsche Automobil Price Performance

The business’s fifty day moving average is €40.04 and its 200 day moving average is €44.54. The firm has a market capitalization of $6.11 billion, a P/E ratio of 2.48, a P/E/G ratio of 2.65 and a beta of 1.31. The company has a current ratio of 15.57, a quick ratio of 0.08 and a debt-to-equity ratio of 13.54.

About Porsche Automobil

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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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