Porsche Automobil (ETR:PAH3) Trading 0.3% Higher – Here’s What Happened

Porsche Automobil Holding SE (ETR:PAH3)’s share price was up 0.3% during mid-day trading on Wednesday . The stock traded as high as €37.16 ($38.71) and last traded at €37.11 ($38.66). Approximately 424,386 shares traded hands during trading, a decline of 16% from the average daily volume of 502,739 shares. The stock had previously closed at €37.01 ($38.55).

Porsche Automobil Trading Up 0.3 %

The stock’s 50 day simple moving average is €35.40 and its 200 day simple moving average is €38.54. The firm has a market cap of $5.68 billion, a PE ratio of 2.31, a PEG ratio of 2.65 and a beta of 1.31. The company has a debt-to-equity ratio of 13.54, a quick ratio of 0.08 and a current ratio of 15.57.

About Porsche Automobil

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.