Dr. Ing. h.c. F. Porsche AG (OTCMKTS:DRPRF – Get Free Report) crossed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $50.17 and traded as low as $50.00. Dr. Ing. h.c. F. Porsche shares last traded at $50.00, with a volume of 12,385 shares.
Dr. Ing. h.c. F. Porsche Trading Down 4.3%
The firm’s fifty day moving average is $50.17 and its 200-day moving average is $49.83.
Dr. Ing. h.c. F. Porsche Company Profile
Dr. Ing. h.c. F. Porsche AG is a German manufacturer of premium sports cars and sport utility vehicles. Its model range includes the 911, 718, Taycan, Panamera, Macan and Cayenne, with vehicles offered in combustion, hybrid and fully electric versions. Founded in 1931 by engineer Ferdinand Porsche as an automotive engineering and consulting business, the company introduced its first sports car, the Porsche 356, in 1948. Porsche is headquartered in Stuttgart, Germany, and sells vehicles through a global network of dealerships.
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