Porsche Automobil (ETR:PAH3) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

Porsche Automobil Holding SE (ETR:PAH3Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €28.43 and traded as low as €27.62. Porsche Automobil shares last traded at €27.75, with a volume of 495,810 shares changing hands.

Porsche Automobil Trading Up 0.8%

The company has a debt-to-equity ratio of 19.31, a current ratio of 13.73 and a quick ratio of 0.08. The firm’s fifty day moving average is €28.43 and its two-hundred day moving average is €31.35. The firm has a market capitalization of $8.93 billion, a PE ratio of 2.35, a PEG ratio of 2.65 and a beta of 0.96.

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. 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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