Porsche Automobil (POAHY) Projected to Announce Quarterly Earnings on Tuesday

Porsche Automobil (OTCMKTS:POAHY) is expected to be releasing its resultson Tuesday, November 10th. Analysts expect the company to post earnings of $2.55 per share for the quarter.

Porsche Automobil Stock Down 0.5%

Shares of POAHY stock traded down $0.01 during trading hours on Tuesday, hitting $2.83. The company’s stock had a trading volume of 133,672 shares, compared to its average volume of 391,102. The business has a fifty day moving average of $2.97 and a 200-day moving average of $3.47. Porsche Automobil has a twelve month low of $2.66 and a twelve month high of $4.79.

Analysts Set New Price Targets

Separately, Kepler Capital Markets cut Porsche Automobil from a “hold” rating to a “reduce” rating in a report on Monday, September 21st. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Porsche Automobil has a consensus rating of “Buy”.

About Porsche Automobil

Porsche Automobil Holding SE is a German investment holding company based in Stuttgart. Unlike Porsche AG, which develops and manufactures sports cars, Porsche SE primarily manages long-term investments in companies operating in the automotive and mobility sectors.

The company’s principal investments include significant holdings in Volkswagen AG and Porsche AG. Through these investments, Porsche SE has indirect exposure to passenger cars, commercial vehicles, sports cars, automotive financing, mobility services and related technologies.