Porsche segment: The company is recovering – Dax and Porsche are about to close

Status: 2:00 pm | Reading time: 2 minutes

DThe value of the Stuttgart car maker is currently trading at 91.00 euros, while the previous day’s closing price was 90.26 euros. Things are looking up for Porsche after the sideways movement, and it remains to be seen if there will be continued upward movement for this stock.

With 14th place and an increase of 0.82%, Porsche is now in the middle of the third of the DAX, which is increasing by 0.53% overall.

The stock currently has a trading volume of 82,531 traded shares. A total of 588,040 securities were traded during the previous trading day.

The company’s shares are 23.97 percent below their 52-week high, which was 119.68 euros. The 52-week low price was 72.12 euros.

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It is not only because of the number of 39,247 employees (until 2022) that Porsche is in 14th place in the most important index of the German stock market. Due to the market value of the Stuttgart car manufacturer of 42.30 billion euros, the company has a weighting of 2.41% when calculating the DAX. SAP, Siemens and Airbus have the largest weighting (free float market capitalization) in the DAX. In the fiscal year ending December 2022, Porsche AG recorded sales of 37.63 billion euros and a profit of 6.77 billion euros.

Data: Historical EOD Data / Access: Wednesday, April 17, 2024, 1:55 pm

This article was automatically generated. For this purpose, data from Historical EOD Data is analyzed by digitaldaily and evaluated in the stock market report. Course dates may be delayed.