Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.87 and traded as low as $3.75. Porsche Automobil shares last traded at $3.80, with a volume of 137,045 shares traded.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the stock. DZ Bank lowered shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. Hsbc Global Res upgraded Porsche Automobil from a "moderate sell" rating to a "hold" rating in a report on Thursday, February 13th. Berenberg Bank cut Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. Finally, The Goldman Sachs Group cut Porsche Automobil from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday, January 14th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold".
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Porsche Automobil Price Performance
The company's 50 day moving average is $3.87 and its 200-day 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.
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