OHB (ETR:OHB) Shares Up 1.5% – Time to Buy?

OHB SE (ETR:OHBGet Free Report)’s stock price was up 1.5% during mid-day trading on Thursday . The stock traded as high as €284.50 and last traded at €279.00. Approximately 50,564 shares traded hands during mid-day trading, an increase of 76% from the average session volume of 28,740 shares. The stock had previously closed at €275.00.

OHB Stock Down 0.6%

The company has a debt-to-equity ratio of 62.40, a current ratio of 1.33 and a quick ratio of 1.12. The firm has a market capitalization of $5.35 billion, a P/E ratio of 76.81, a price-to-earnings-growth ratio of 1.13 and a beta of 0.87. The business has a 50 day moving average price of €384.35 and a 200 day moving average price of €282.11.

About OHB

(Get Free Report)

OHB SE operates as a space and technology company in Germany, rest of Europe, and internationally. The company operates through three segments, Space Systems, Aerospace, and Digital segments. The Space Systems segment focuses on developing and executing space projects. This segment primarily develops and manufactures low-orbiting and geostationary small satellites for navigation, research, communications, and earth and weather observation and reconnaissance, including scientific payloads; undertakes projects for the assembly and outfitting of the International Space Station; and prepares studies and models for exploring solar system, such as the moon, asteroids, and Mars.

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