Porsche Automobil (OTCMKTS:POAHY) Rating Lowered to Strong Sell at Barclays

Barclays downgraded shares of Porsche Automobil (OTCMKTS:POAHY - Free Report) from a hold rating to a strong sell rating in a research note issued to investors on Thursday, Zacks.com reports.

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Separately, Sanford C. Bernstein initiated coverage on shares of Porsche Automobil in a research report on Tuesday, August 20th. They set a market perform rating for the company.

View Our Latest Stock Analysis on POAHY

Porsche Automobil Trading Up 1.2 %

POAHY stock traded up $0.05 during midday trading on Thursday, hitting $4.32. The company's stock had a trading volume of 292,057 shares, compared to its average volume of 271,607. Porsche Automobil has a 12 month low of $4.12 and a 12 month high of $5.58. The company has a 50 day moving average of $4.38 and a two-hundred day moving average of $4.80.

About Porsche Automobil

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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.

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