MTU Aero Engines AG (ETR:MTX – Get Free Report) shares dropped 1.6% on Thursday . The stock traded as low as €310.60 ($326.95) and last traded at €311.80 ($328.21). Approximately 108,435 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 178,994 shares. The stock had previously closed at €316.80 ($333.47).
MTU Aero Engines Stock Performance
The firm has a market capitalization of $17.32 billion, a PE ratio of -240.45, a P/E/G ratio of 1.34 and a beta of 1.49. The company has a debt-to-equity ratio of 53.51, a current ratio of 1.18 and a quick ratio of 0.90. The company’s fifty day simple moving average is €301.55 and its 200 day simple moving average is €267.34.
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).
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