Porsche Automobil (OTCMKTS:POAHY) Stock Rating Upgraded by UBS Group

Porsche Automobil (OTCMKTS:POAHY) was upgraded by investment analysts at UBS Group from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Porsche Automobil Stock Performance

Shares of OTCMKTS POAHY opened at $3.51 on Monday. Porsche Automobil has a 12 month low of $3.44 and a 12 month high of $4.79. The company has a debt-to-equity ratio of 0.18, a current ratio of 9.94 and a quick ratio of 9.94. The business has a 50-day moving average of $3.67 and a 200-day moving average of $4.04.

Porsche Automobil Company Profile

Porsche Automobil Holding SE, trading in the United States as an OTC ADR under the symbol POAHY, is a German publicly traded holding company whose principal business activity is managing long-term equity investments in the global automotive sector. The company’s core asset is a majority economic interest and significant voting control in Volkswagen AG, one of the world’s leading automotive manufacturers. Through this stake, Porsche Automobil takes an active governance role across Volkswagen’s portfolio of brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini and Porsche AG.