Porsche Automobil Holding SE (ETR:PAH3 – Get Free Report)’s share price shot up 1.5% on Tuesday . The stock traded as high as €31.88 and last traded at €31.29. 633,646 shares were traded 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 Performance
The company has a market cap of $9.77 billion, a P/E ratio of 2.57, a price-to-earnings-growth ratio of 2.65 and a beta of 0.94. The stock has a 50-day moving average of €31.80 and a two-hundred day moving average of €34.78.
About Porsche Automobil
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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