Porsche Automobil (OTCMKTS:POAHY) Lowered to “Strong Sell” Rating by UBS Group

UBS Group cut shares of Porsche Automobil (OTCMKTS:POAHY) from a hold rating to a strong sell rating in a research report released on Monday morning,Zacks.com reports.

Several other research analysts have also commented on the stock. Sanford C. Bernstein started coverage on shares of Porsche Automobil in a report on Tuesday, August 20th. They issued a “market perform” rating for the company. Barclays lowered shares of Porsche Automobil from a “hold” rating to a “strong sell” rating in a report on Thursday, October 3rd. Finally, Citigroup upgraded Porsche Automobil from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 23rd.

Porsche Automobil Stock Performance

Shares of POAHY stock opened at $3.72 on Monday. The company has a current ratio of 15.57, a quick ratio of 8.63 and a debt-to-equity ratio of 0.13. Porsche Automobil has a fifty-two week low of $3.47 and a fifty-two week high of $5.58. The stock has a 50 day moving average price of $3.97 and a two-hundred day moving average price of $4.37.

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.