Shares of Porsche Automobil Holding SE (OTCMKTS:POAHY – Get Free Report) shot up 0.4% during trading on Monday . The stock traded as high as $4.54 and last traded at $4.49. 365,825 shares changed hands during 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 reaffirmed a “neutral” rating on shares of Porsche Automobil in a research note on Tuesday, April 2nd.
Check Out Our Latest Report on Porsche Automobil
Porsche Automobil Price Performance
Porsche Automobil Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Monday, July 1st. Stockholders of record on Thursday, June 13th will be given a dividend of $0.1798 per share. The ex-dividend date is Thursday, June 13th.
Porsche Automobil Company Profile
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.
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