Porsche Automobil (ETR:PAH3) Stock Price Up 2.1% – Still a Buy?

Porsche Automobil Holding SE (ETR:PAH3) was up 2.1% on Wednesday . The stock traded as high as €33.77 ($38.38) and last traded at €33.61 ($38.19). Approximately 616,483 shares changed hands during trading, an increase of 23% from the average daily volume of 502,739 shares. The stock had previously closed at €32.93 ($37.42).

Porsche Automobil Stock Performance

The stock has a market cap of $10.73 billion, a price-to-earnings ratio of 2.83, a P/E/G ratio of 2.65 and a beta of 1.31. The stock has a fifty day simple moving average of €36.43 and a two-hundred day simple moving average of €36.82.

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.