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Porsche Automobil (ETR:PAH3) Shares Down 1.4% - Here's What Happened

Porsche Automobil logo with Consumer Cyclical background

Porsche Automobil Holding SE (ETR:PAH3 - Get Free Report)'s stock price was down 1.4% during trading on Wednesday . The company traded as low as €33.23 ($38.20) and last traded at €33.23 ($38.20). Approximately 505,294 shares traded hands during trading, an increase of 1% from the average daily volume of 502,739 shares. The stock had previously closed at €33.71 ($38.75).

Porsche Automobil Price Performance

The business's fifty day moving average price is €35.44 and its 200 day moving average price is €36.10. The company has a market cap of $10.61 billion, a price-to-earnings ratio of 2.79, a price-to-earnings-growth ratio of 2.65 and a beta of 1.31.

Porsche Automobil Company Profile

(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.

Further Reading

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