Porsche Automobil (OTCMKTS:POAHY) Raised to “Hold” at The Goldman Sachs Group

Porsche Automobil (OTCMKTS:POAHY) was upgraded by equities researchers at The Goldman Sachs Group to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, UBS Group upgraded shares of Porsche Automobil from a “sell” rating to a “neutral” rating in a report on Tuesday, November 4th. Seven research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Porsche Automobil has an average rating of “Hold”.

Porsche Automobil Stock Down 0.9%

Shares of POAHY traded down $0.04 during trading hours on Monday, hitting $4.18. The stock had a trading volume of 19,700 shares, compared to its average volume of 221,641. The company’s fifty day moving average is $3.99 and its two-hundred day moving average is $4.03. Porsche Automobil has a 52 week low of $3.30 and a 52 week high of $4.39. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.19.

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.