MTU Aero Engines (ETR:MTX) Trading Down 1% – Time to Sell?

MTU Aero Engines AG (ETR:MTXGet Free Report)’s share price dropped 1% on Thursday . The company traded as low as €317.50 ($356.74) and last traded at €318.80 ($358.20). Approximately 119,662 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 178,994 shares. The stock had previously closed at €322.10 ($361.91).

MTU Aero Engines Trading Up 2.4 %

The business’s 50 day simple moving average is €309.20 and its two-hundred day simple moving average is €316.94. The stock has a market cap of $17.55 billion, a P/E ratio of -28.58, a PEG ratio of 1.34 and a beta of 1.49. The company has a quick ratio of 0.90, a current ratio of 1.18 and a debt-to-equity ratio of 54.76.

MTU Aero Engines Company Profile

(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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