Shares of MTU Aero Engines AG (ETR:MTX – Get Free Report) rose 2.4% during mid-day trading on Tuesday . The stock traded as high as €342.30 ($356.56) and last traded at €342.00 ($356.25). Approximately 115,369 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 178,994 shares. The stock had previously closed at €334.00 ($347.92).
MTU Aero Engines Price Performance
The firm has a market capitalization of $18.61 billion, a P/E ratio of -30.31, a PEG ratio of 1.34 and a beta of 1.49. The company has a debt-to-equity ratio of 54.76, a quick ratio of 0.90 and a current ratio of 1.18. The firm has a 50-day moving average of €326.16 and a 200-day moving average of €302.32.
About MTU Aero Engines
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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