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Porsche Automobil (ETR:PAH3) Trading 1.7% Higher - Here's What Happened

Porsche Automobil logo with Consumer Cyclical background

Porsche Automobil Holding SE (ETR:PAH3 - Get Free Report) shares shot up 1.7% during trading on Tuesday . The company traded as high as €35.65 ($37.53) and last traded at €35.48 ($37.35). 811,505 shares were traded during mid-day trading, an increase of 61% from the average session volume of 502,739 shares. The stock had previously closed at €34.90 ($36.74).

Porsche Automobil Price Performance

The firm has a 50-day moving average of €37.37 and a 200-day moving average of €40.63. The company has a debt-to-equity ratio of 13.54, a quick ratio of 0.08 and a current ratio of 15.57. The firm has a market capitalization of $5.47 billion, a P/E ratio of 2.22, a PEG ratio of 2.65 and a beta of 1.31.

About Porsche Automobil

(Get Free Report)

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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