Porsche Automobil (ETR:PAH3) Shares Up 0.5% – Here’s What Happened

Porsche Automobil Holding SE (ETR:PAH3)’s stock price traded up 0.5% during mid-day trading on Friday . The company traded as high as €32.88 and last traded at €32.14. 694,796 shares changed hands during trading, an increase of 38% from the average session volume of 502,739 shares. The stock had previously closed at €31.97.

Porsche Automobil Stock Up 0.5%

The business has a 50 day moving average of €32.10 and a 200-day moving average of €35.47. The stock has a market cap of $10.26 billion, a PE ratio of 2.70, a P/E/G ratio of 2.65 and a beta of 0.94. The company has a current ratio of 9.94, a quick ratio of 0.08 and a debt-to-equity ratio of 18.59.

Porsche Automobil Company Profile

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.