Porsche Automobil Holding stock: the price is falling – DAX cannot move ahead of Porsche Automobil Holding

Date: 25.04.2024 | Reading time: 2 minutes

AAn hour and a half before the end of trading in Frankfurt, the value of the company was 48.77 euros, while the closing price on the last trading day was 49.34 euros. For Porsche Automobil Holding, the high of the past few days is followed by a negative turn, and it remains to be seen if the losses will continue.

With a position of 17 and a movement of less than 1.16%, Porsche Automobil Holding is currently in the middle of the third of the DAX, which is falling by a total of 1.35%.

An hour and a half before the end of trading, the stock had a trading volume of 168,811 traded shares. A total of 375,691 shares were traded during the previous trading day.

The company’s shares are currently 13.11 percent below their 52-week high, which was EUR 56.13. The 52-week low was 41.65 euros.

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It is not only because of the number of 42 employees (until 2022) that Porsche Automobil Holding is in 32nd place in the most important index of the German stock market. Due to the company’s market value of 15.06 billion euros, the company has a weight of 0.85% 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 Automobil Holding recorded sales of 25.80 billion euros and a profit of 4.90 billion euros.

Data: Historical EOD Data / Access: Thursday, April 25, 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.