Rheinmetall (OTCMKTS:RNMBY) Stock Price Up 1.8% – Here’s What Happened

Rheinmetall AG (OTCMKTS:RNMBYGet Free Report) shot up 1.8% on Monday . The stock traded as high as $123.68 and last traded at $123.52. 11,869 shares changed hands during trading, a decline of 46% from the average session volume of 22,138 shares. The stock had previously closed at $121.38.

Rheinmetall Price Performance

The business has a 50-day simple moving average of $110.68 and a two-hundred day simple moving average of $111.57.

About Rheinmetall

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Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles.

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