Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 18,300 shares, a decrease of 79.3% from the March 31st total of 88,200 shares. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 1,474,600 shares, the days-to-cover ratio is presently 0.0 days.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on the stock. Berenberg Bank lowered shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. The Goldman Sachs Group downgraded Porsche Automobil from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, January 14th. DZ Bank cut Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 28th. Finally, Hsbc Global Res upgraded shares of Porsche Automobil from a "moderate sell" rating to a "hold" rating in a research note on Thursday, February 13th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold".
Get Our Latest Stock Analysis on POAHY
Porsche Automobil Price Performance
Shares of POAHY traded up $0.05 during mid-day trading on Friday, hitting $4.12. The stock had a trading volume of 165,674 shares, compared to its average volume of 327,373. Porsche Automobil has a fifty-two week low of $3.30 and a fifty-two week high of $5.47. The company's fifty day simple moving average is $3.88 and its two-hundred day simple moving average is $3.84.
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.
Further Reading
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