Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) Receives Average Recommendation of “Hold” from Brokerages

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) has earned an average rating of “Hold” from the nine analysts that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a strong buy recommendation on the company.

POAHY has been the topic of a number of research analyst reports. DZ Bank downgraded shares of Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 28th. Barclays raised shares of Porsche Automobil from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 6th. Finally, Kepler Capital Markets downgraded shares of Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 15th.

Porsche Automobil Stock Performance

OTCMKTS:POAHY opened at $3.91 on Friday. Porsche Automobil has a fifty-two week low of $3.30 and a fifty-two week high of $4.72. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.19. The stock’s 50-day moving average is $3.96 and its two-hundred day moving average is $3.89.

Porsche Automobil Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 12th. Investors of record on Wednesday, May 28th were issued a $0.112 dividend. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a yield of 2.69%.

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.