OHB (ETR:OHB) Trading Down 1.3% – Here’s What Happened

OHB SE (ETR:OHBGet Free Report) dropped 1.3% during mid-day trading on Monday . The stock traded as low as €76.40 ($88.84) and last traded at €77.00 ($89.53). Approximately 395 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 28,740 shares. The stock had previously closed at €78.00 ($90.70).

OHB Trading Down 3.4%

The company’s 50-day moving average price is €72.38 and its 200-day moving average price is €66.41. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 21.20, a price-to-earnings-growth ratio of 1.13 and a beta of 0.70. The company has a quick ratio of 1.12, a current ratio of 1.36 and a debt-to-equity ratio of 9.31.

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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