Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) have received an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have given a buy rating and one has assigned a strong buy rating to the company.

Several equities research analysts have recently weighed in on RNMBY shares. Zacks Research downgraded Rheinmetall from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th. Sanford C. Bernstein upgraded shares of Rheinmetall from a “hold” rating to an “outperform” rating in a research report on Thursday, December 11th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Rheinmetall in a research report on Friday, January 30th.

Rheinmetall Stock Performance

Shares of RNMBY stock opened at $374.58 on Friday. Rheinmetall has a 1 year low of $256.80 and a 1 year high of $468.90. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.49 and a current ratio of 1.14. The firm has a market cap of $85.93 billion, a price-to-earnings ratio of 148.64 and a beta of 0.13. The stock’s 50-day moving average is $404.06 and its two-hundred day moving average is $402.08.

Rheinmetall Company Profile

Rheinmetall AG is a Germany-based technology group specializing in defense and automotive solutions. Established in 1889 and headquartered in Düsseldorf, the company operates through two core divisions: Defense and Mobility (formerly Automotive). With a long heritage in engineering and manufacturing, Rheinmetall has evolved into a leading supplier of military vehicles, weapons systems and civilian mobility components, serving customers worldwide.

The Defense division develops and produces a broad portfolio of products and services for armed forces.