Porsche Automobil Holding SE (ETR:PAH3 – Get Free Report) shot up 1.5% during mid-day trading on Tuesday . The stock traded as high as €31.88 and last traded at €31.29. 633,646 shares changed hands during mid-day trading, an increase of 26% from the average session volume of 502,739 shares. The stock had previously closed at €30.84.
Porsche Automobil Stock Up 1.5%
The company’s 50-day moving average price is €31.82 and its 200-day moving average price is €34.82. The firm has a market cap of $9.99 billion, a price-to-earnings ratio of 2.63, a price-to-earnings-growth ratio of 2.65 and a beta of 0.94.
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. The company was formerly known as Dr. Ing. h.c. F. Porsche Aktiengesellschaft and changed its name to Porsche Automobil Holding SE in November 2007.
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