Rheinmetall (ETR:RHM) Shares Down 1.7% – What’s Next?

Shares of Rheinmetall AG (ETR:RHMGet Free Report) fell 1.7% during trading on Friday . The stock traded as low as €598.20 ($616.70) and last traded at €604.00 ($622.68). 248,324 shares traded hands during mid-day trading, an increase of 55% from the average session volume of 160,244 shares. The stock had previously closed at €614.60 ($633.61).

Rheinmetall Stock Down 1.7 %

The stock has a market capitalization of $26.23 billion, a P/E ratio of 41.14, a PEG ratio of 0.39 and a beta of 0.70. The business has a 50-day simple moving average of €586.26 and a two-hundred day simple moving average of €532.79. The company has a quick ratio of 0.57, a current ratio of 1.23 and a debt-to-equity ratio of 54.88.

About Rheinmetall

(Get Free Report)

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles.

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