Porsche Automobil Holding SE (ETR:PAH3 – Get Free Report)’s stock price dropped 0.3% during trading on Wednesday . The stock traded as low as €39.57 and last traded at €39.74. Approximately 277,896 shares traded hands during trading, a decline of 45% from the average daily volume of 502,739 shares. The stock had previously closed at €39.85.
Porsche Automobil Trading Down 0.3%
The company’s 50-day simple moving average is €37.02 and its 200-day simple moving average is €35.64. The stock has a market capitalization of $12.69 billion, a price-to-earnings ratio of 3.34, a PEG ratio of 2.65 and a beta of 1.31.
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. 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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