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Porsche Automobil (ETR:PAH3) Trading 2.1% Higher - Here's Why

Porsche Automobil logo with Consumer Cyclical background

Porsche Automobil Holding SE (ETR:PAH3 - Get Free Report)'s share price was up 2.1% during mid-day trading on Wednesday . The stock traded as high as €33.77 ($38.82) and last traded at €33.61 ($38.63). Approximately 616,483 shares changed hands during mid-day trading, an increase of 23% from the average daily volume of 502,739 shares. The stock had previously closed at €32.93 ($37.85).

Porsche Automobil Price Performance

The stock has a market cap of $10.77 billion, a PE ratio of 2.84, a PEG ratio of 2.65 and a beta of 1.31. The firm has a 50-day moving average of €36.30 and a 200-day moving average of €36.65.

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.

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