Porsche Automobil (ETR:PAH3) Reaches New 1-Year Low – Time to Sell?

Porsche Automobil Holding SE (ETR:PAH3) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as €35.21 ($37.06) and last traded at €35.73 ($37.61), with a volume of 639971 shares changing hands. The stock had previously closed at €35.71 ($37.59).

Porsche Automobil Stock Performance

The firm’s 50-day moving average price is €37.18 and its 200-day moving average price is €40.56. The company has a debt-to-equity ratio of 13.54, a current ratio of 15.57 and a quick ratio of 0.08. The stock has a market cap of $5.49 billion, a P/E ratio of 2.23, a PEG ratio of 2.65 and a beta of 1.31.

Porsche Automobil Company Profile

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.