MTU Aero Engines (ETR:MTX) Stock Price Down 1.4% – Should You Sell?

MTU Aero Engines AG (ETR:MTXGet Free Report) shares fell 1.4% during mid-day trading on Friday . The company traded as low as €378.00 ($439.53) and last traded at €378.70 ($440.35). 141,543 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 178,994 shares. The stock had previously closed at €384.00 ($446.51).

MTU Aero Engines Stock Performance

The business has a fifty day simple moving average of €352.18 and a 200-day simple moving average of €329.50. The company has a quick ratio of 0.90, a current ratio of 1.18 and a debt-to-equity ratio of 54.76. The firm has a market cap of $20.59 billion, a P/E ratio of -33.53, a P/E/G ratio of 1.34 and a beta of 1.49.

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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