Porsche Shares: The next day with huge losses
The Dax link layer includes a Porsche with a drop of 1.52 percent drop.
AAn hour and a half before the end of trading in Frankfurt, the car manufacturer was quoted at EUR 74.98, while the closing price on the last business day was EUR 76.14. The declining trend continues for Porsche and remains to be seen if losses continue.
With 17th place with a minimum movement of 1.52%, Porsche is currently in the middle of the Dax third, which is moving down by a total of 1.67%.
An hour and a half before the close of trading, the stock has a trading volume of 326,477 shares traded. A total of 824,315 securities were sold on the previous business day.
Shares of Porsche Automobil Holding are 24.69 percent below their 52-week high of EUR 99.56. The minimum price for 52 weeks was 67.02 euros.
Not only because of 916 employees (as of August 2021) Porsche is ranked 23rd in the most important index of the German stock market. Given the market value of a car manufacturer of 23.07 billion euros, the company weighs 1.46% when calculating Dax. Linde, SAP and Volkswagen have the highest weight (free float market capitalization) in Dax. In the financial year ended for Porsche Automobil Holding on December 31, 2020, sales of 28.70 billion euros and profits of 2.48 billion euros were recorded.
Data: EOD / as Historical Data for Thursday, May 12, 2022, 4:03 pm
This article was created automatically. For this purpose, data from the EOD Historical Data is analyzed by ddna and evaluated in the stock market report. Course dates may be delayed.