Porsche Automobil (ETR:PAH3) Trading 0.9% Higher – What’s Next?

Porsche Automobil Holding SE (ETR:PAH3) shot up 0.9% on Wednesday . The company traded as high as €32.54 and last traded at €32.21. 404,536 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 502,739 shares. The stock had previously closed at €31.93.

Porsche Automobil Price Performance

The company has a debt-to-equity ratio of 19.50, a quick ratio of 0.08 and a current ratio of 14.28. The company’s 50 day moving average price is €35.78 and its 200-day moving average price is €36.26. The company has a market cap of $10.28 billion, a price-to-earnings ratio of 2.71, a PEG ratio of 2.65 and a beta of 0.94.

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.