Porsche Automobil (OTCMKTS:POAHY) Hits New 12-Month Low – Time to Sell?

Shares of Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as $2.82 and last traded at $2.8250, with a volume of 643242 shares traded. The stock had previously closed at $2.89.

Analyst Upgrades and Downgrades

Several analysts have weighed in on POAHY shares. UBS Group upgraded Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 8th. Kepler Capital Markets downgraded Porsche Automobil from a “hold” rating to a “reduce” rating in a report on Monday, September 21st. Finally, The Goldman Sachs Group upgraded Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Porsche Automobil Stock Up 0.7%

The company has a quick ratio of 9.94, a current ratio of 9.94 and a debt-to-equity ratio of 0.18. The company has a fifty day moving average price of $3.18 and a 200-day moving average price of $3.40.

Porsche Automobil Company Profile

Porsche Automobil Holding SE, also known as Porsche SE, is a Germany-based holding company headquartered in Stuttgart. Unlike Porsche AG, the sports-car manufacturer, Porsche SE primarily manages and develops long-term investments rather than designing or selling vehicles directly.

The company’s principal investment is a controlling interest in Volkswagen AG, one of the world’s largest automotive groups. Through Volkswagen, Porsche SE has indirect exposure to brands and businesses that manufacture passenger cars, commercial vehicles, sports cars, and mobility-related products and services.