Porsche Automobil (ETR:PAH3) Hits New 1-Year Low – Here’s What Happened

Porsche Automobil Holding SE (ETR:PAH3Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as €36.11 ($39.68) and last traded at €37.69 ($41.42), with a volume of 1318001 shares trading hands. The stock had previously closed at €36.90 ($40.55).

Porsche Automobil Trading Up 2.1 %

The stock’s 50 day simple moving average is €39.90 and its 200 day simple moving average is €43.07. The company has a debt-to-equity ratio of 13.54, a quick ratio of 0.08 and a current ratio of 15.57. The firm has a market cap of $5.77 billion, a PE ratio of 2.30, a PEG ratio of 2.65 and a beta of 1.31.

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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