Porsche Automobil (ETR:PAH3) Stock Jumps 0.3% – Should You Buy?

Porsche Automobil Holding SE (ETR:PAH3 – Get Free Report)’s share price was up 0.3% on Tuesday. The company traded as high as €25.59 and last traded at €25.17. Approximately 413,371 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 502,739 shares. The stock had previously closed at €25.09.

Porsche Automobil Stock Up 0.3%

The firm’s 50-day simple moving average is €27.46 and its 200-day simple moving average is €29.41. The company has a debt-to-equity ratio of 19.31, a quick ratio of 0.08 and a current ratio of 13.73. The company has a market capitalization of $8.03 billion, a price-to-earnings ratio of 2.12, a price-to-earnings-growth ratio of 2.65 and a beta of 0.96.

About Porsche Automobil

(Get Free Report)

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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