MTU Aero Engines AG (ETR:MTX – Get Free Report)’s share price rose 1.1% during mid-day trading on Wednesday . The stock traded as high as €385.10 and last traded at €384.50. Approximately 157,757 shares traded hands during trading, a decline of 12% from the average daily volume of 178,994 shares. The stock had previously closed at €380.50.
MTU Aero Engines Trading Up 1.1%
The stock has a market cap of $20.67 billion, a price-to-earnings ratio of -33.66, a P/E/G ratio of 1.34 and a beta of 1.49. The business’s 50 day moving average is €361.06 and its 200 day moving average is €371.30. The company has a debt-to-equity ratio of 54.76, a current ratio of 1.18 and a quick ratio of 0.90.
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). The company offers commercial aircraft engines for wide body jets, narrow body and regional jets, business jets, and turboprops; military aircraft engines for fighter jets, helicopters, and transporters; and industrial gas turbines.
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