Porsche Automobil (OTCMKTS:POAHY) Stock Price Up 0.4%

Shares of Porsche Automobil Holding SE (OTCMKTS:POAHY) traded up 0.4% during mid-day trading on Monday . The company traded as high as $4.54 and last traded at $4.49. 365,825 shares traded hands during mid-day trading, an increase of 63% from the average session volume of 224,884 shares. The stock had previously closed at $4.47.

Wall Street Analyst Weigh In

Separately, UBS Group reiterated a “neutral” rating on shares of Porsche Automobil in a research report on Tuesday, April 2nd.

Porsche Automobil Stock Up 1.3 %

The stock has a fifty day moving average price of $5.07 and a 200-day moving average price of $5.09.

Porsche Automobil Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 13th were issued a dividend of $0.1798 per share. The ex-dividend date was Thursday, June 13th.

About Porsche Automobil

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.