Shares of MTU Aero Engines AG (ETR:MTX – Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of €315.47 and traded as low as €273.10. MTU Aero Engines shares last traded at €273.10, with a volume of 233,217 shares.
MTU Aero Engines Price Performance
The business has a 50 day moving average of €315.47 and a 200 day moving average of €349.77. The company has a market cap of $14.74 billion, a PE ratio of -24.00, a price-to-earnings-growth ratio of 1.34 and a beta of 0.91. The company has a debt-to-equity ratio of 56.28, a current ratio of 1.44 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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