Porsche Automobil (ETR:PAH3) Shares Up 1.5% – Here’s What Happened

Porsche Automobil Holding SE (ETR:PAH3Get Free Report)’s stock price was up 1.5% on Tuesday . The stock traded as high as €31.88 and last traded at €31.29. Approximately 633,646 shares traded hands during mid-day trading, an increase of 26% from the average daily volume of 502,739 shares. The stock had previously closed at €30.84.

Porsche Automobil Price Performance

The company’s 50 day moving average price is €31.82 and its two-hundred day moving average price is €34.82. The stock has a market capitalization of $9.99 billion, a PE ratio of 2.63, a P/E/G ratio of 2.65 and a beta of 0.94.

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. 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.

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