Porsche Automobil (OTCMKTS:POAHY) Shares Pass Below Fifty Day Moving Average of $4.82

Porsche Automobil Holding SE (OTCMKTS:POAHY) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.82 and traded as low as $4.44. Porsche Automobil shares last traded at $4.45, with a volume of 266,480 shares.

Analysts Set New Price Targets

Separately, UBS Group reaffirmed a “neutral” rating on shares of Porsche Automobil in a research report on Tuesday, April 2nd.

Porsche Automobil Stock Up 0.5 %

The stock’s fifty day moving average is $4.82 and its two-hundred day moving average is $5.03.

Porsche Automobil Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 13th were paid a dividend of $0.1798 per share. The ex-dividend date was Thursday, June 13th.

About Porsche Automobil

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.