Porsche Automobil (OTCMKTS:POAHY – Get Free Report) was upgraded by UBS Group from a “hold” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.
Porsche Automobil Trading Up 1.7%
OTCMKTS:POAHY opened at $3.51 on Monday. The business has a 50 day moving average of $3.67 and a 200 day moving average of $4.04. Porsche Automobil has a 1-year low of $3.44 and a 1-year high of $4.79. The company has a debt-to-equity ratio of 0.18, a quick ratio of 9.94 and a current ratio of 9.94.
About Porsche Automobil
Porsche Automobil Holding SE, trading in the United States as an OTC ADR under the symbol POAHY, is a German publicly traded holding company whose principal business activity is managing long-term equity investments in the global automotive sector. The company’s core asset is a majority economic interest and significant voting control in Volkswagen AG, one of the world’s leading automotive manufacturers. Through this stake, Porsche Automobil takes an active governance role across Volkswagen’s portfolio of brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini and Porsche AG.
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