MTU Aero Engines (OTCMKTS:MTUAY) Sets New 52-Week High at $131.50

MTU Aero Engines AG (OTCMKTS:MTUAY) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $131.50 and last traded at $131.50, with a volume of 6127 shares traded. The stock had previously closed at $127.12.

MTU Aero Engines Stock Performance

The stock has a market capitalization of $14.58 billion, a P/E ratio of -120.96 and a beta of 1.43. The stock has a 50 day moving average of $123.97 and a 200 day moving average of $119.33.

MTU Aero Engines (OTCMKTS:MTUAY) last released its quarterly earnings results on Tuesday, April 30th. The company reported $1.59 earnings per share (EPS) for the quarter. MTU Aero Engines had a positive return on equity of 18.08% and a negative net margin of 1.97%. The company had revenue of $1.79 billion during the quarter. On average, research analysts anticipate that MTU Aero Engines AG will post 6.79 EPS for the current fiscal year.

MTU Aero Engines Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, May 28th. Investors of record on Friday, May 10th were paid a dividend of $0.7523 per share. The ex-dividend date was Thursday, May 9th. MTU Aero Engines’s payout ratio is -64.29%.

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).