OHB (ETR:OHB) Trading 6.3% Higher – Here’s What Happened

OHB SE (ETR:OHBGet Free Report) traded up 6.3% during trading on Tuesday . The company traded as high as €68.00 ($72.34) and last traded at €68.00 ($72.34). 5,272 shares traded hands during trading, a decline of 82% from the average session volume of 28,740 shares. The stock had previously closed at €64.00 ($68.09).

OHB Stock Up 6.3 %

The company has a current ratio of 1.36, a quick ratio of 1.12 and a debt-to-equity ratio of 9.31. The stock has a market capitalization of $1.35 billion, a P/E ratio of 19.38, a P/E/G ratio of 1.13 and a beta of 0.70. The stock’s 50 day simple moving average is €54.36 and its 200 day simple moving average is €48.50.

OHB Company Profile

(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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