Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 4,200 shares, a drop of 86.8% from the November 30th total of 31,800 shares. Based on an average daily volume of 1,537,100 shares, the short-interest ratio is currently 0.0 days.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the company. UBS Group cut Porsche Automobil from a "hold" rating to a "strong sell" rating in a research report on Monday, December 9th. Barclays cut shares of Porsche Automobil from a "hold" rating to a "strong sell" rating in a report on Thursday, October 3rd. Finally, Citigroup raised shares of Porsche Automobil from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 23rd.
Get Our Latest Stock Analysis on Porsche Automobil
Porsche Automobil Stock Up 0.3 %
OTCMKTS:POAHY traded up $0.01 during mid-day trading on Thursday, hitting $3.65. 626,040 shares of the company's stock traded hands, compared to its average volume of 361,241. Porsche Automobil has a twelve month low of $3.47 and a twelve month high of $5.58. The company has a current ratio of 15.57, a quick ratio of 8.63 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average of $3.81 and a 200 day moving average of $4.23.
Porsche Automobil Company Profile
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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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