Porsche Automobil (OTCMKTS:POAHY) Stock Price Passes Below 50 Day Moving Average - Time to Sell?

Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.92 and traded as low as $3.61. Porsche Automobil shares last traded at $3.61, with a volume of 393,175 shares trading hands.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Hsbc Global Res upgraded Porsche Automobil from a "moderate sell" rating to a "hold" rating in a research note on Thursday, February 13th. DZ Bank downgraded shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. UBS Group cut shares of Porsche Automobil from a "hold" rating to a "strong sell" rating in a research note on Monday, December 9th. Berenberg Bank cut shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 10th. Finally, The Goldman Sachs Group lowered shares of Porsche Automobil from a "strong-buy" rating to a "strong sell" rating in a research report on Tuesday, January 14th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold".

Porsche Automobil Price Performance

The company's 50-day moving average is $3.90 and its two-hundred day moving average is $3.91.

Porsche Automobil Company Profile

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.