Porsche segment: The company recovers – Several DAX companies are behind Porsche

Status: 6:00 pm | Reading time: 2 minutes

AAn hour and a half before the end of trading in Frankfurt, the Stuttgart carmaker was quoted at 92.50 euros, while the closing price on the last trading day was 91.02 euros. Porsche is looking back after previous losses, and it remains to be seen if the gains will continue in the future.

In fourth place with an increase of 1.63%, Porsche is currently in third place on the Dax, which is up by 0.02% overall.

An hour and a half before the end of trading on the floor, the stock had a trading volume of 151,049 shares traded. A total of 472,265 shares were traded in the previous trading day.

The company’s shares are currently 22.71 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 2.37% when calculating the DAX. By comparison: SAP currently has the highest stock market value in the DAX with a market capitalization of 204.10 billion euros. 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 / Accessed: Wednesday, April 24, 2024, 4:03 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.