Porsche Automobil (ETR:PAH3) Hits New 52-Week Low – Here’s What Happened

Porsche Automobil Holding SE (ETR:PAH3)’s stock price hit a new 52-week low on Wednesday . The stock 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 Price Performance

The business’s 50 day simple moving average is €37.37 and its 200-day simple moving average is €40.63. The stock has a market capitalization of $5.47 billion, a price-to-earnings ratio of 2.22, a price-to-earnings-growth ratio of 2.65 and a beta of 1.31. The company has a debt-to-equity ratio of 13.54, a quick ratio of 0.08 and a current ratio of 15.57.

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.