Porsche Automobil (ETR:PAH3) Stock Crosses Below 50-Day Moving Average of $40.57

Porsche Automobil Holding SE (ETR:PAH3)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of €40.57 ($45.08) and traded as low as €39.81 ($44.23). Porsche Automobil shares last traded at €40.24 ($44.71), with a volume of 718,501 shares.

Porsche Automobil Trading Up 1.0 %

The firm’s 50 day moving average is €40.57 and its two-hundred day moving average is €45.32. The company has a quick ratio of 0.08, a current ratio of 15.57 and a debt-to-equity ratio of 13.54. The company has a market cap of $6.22 billion, a P/E ratio of 2.50, a PEG ratio of 2.65 and a beta of 1.31.

Porsche Automobil Company Profile

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.