MTU Aero Engines (ETR:MTX) Hits New 1-Year High – Should You Buy?

MTU Aero Engines AG (ETR:MTXGet Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as €327.10 ($344.32) and last traded at €324.40 ($341.47), with a volume of 95939 shares trading hands. The stock had previously closed at €326.50 ($343.68).

MTU Aero Engines Stock Performance

The company has a current ratio of 1.18, a quick ratio of 0.90 and a debt-to-equity ratio of 53.51. The company has a market cap of $17.44 billion, a price-to-earnings ratio of -243.66, a P/E/G ratio of 1.34 and a beta of 1.49. The stock has a 50 day moving average price of €310.45 and a two-hundred day moving average price of €274.84.

About MTU Aero Engines

(Get Free Report)

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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