Porsche Automobil (OTCMKTS:POAHY) Hits New 1-Year Low – Here’s What Happened

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHYGet Free Report)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $3.45 and last traded at $3.4550, with a volume of 262830 shares. The stock had previously closed at $3.53.

Porsche Automobil Price Performance

The company has a current ratio of 9.94, a quick ratio of 9.94 and a debt-to-equity ratio of 0.18. The company’s fifty day moving average is $3.67 and its 200-day moving average is $4.05.

About Porsche Automobil

(Get Free Report)

Porsche Automobil Holding SE, trading in the United States as an OTC ADR under the symbol POAHY, is a German publicly traded holding company whose principal business activity is managing long-term equity investments in the global automotive sector. The company’s core asset is a majority economic interest and significant voting control in Volkswagen AG, one of the world’s leading automotive manufacturers. Through this stake, Porsche Automobil takes an active governance role across Volkswagen’s portfolio of brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini and Porsche AG.

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