Rheinmetall (ETR:RHM) Stock Crosses Above 200-Day Moving Average – Should You Sell?

Rheinmetall AG (ETR:RHMGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €613.60 ($659.78) and traded as high as €1,201.00 ($1,291.40). Rheinmetall shares last traded at €1,122.00 ($1,206.45), with a volume of 999,479 shares traded.

Rheinmetall Stock Up 7.2 %

The company has a market cap of $54.00 billion, a P/E ratio of 95.05, a price-to-earnings-growth ratio of 0.39 and a beta of 0.70. The firm’s 50-day moving average price is €747.95 and its 200-day moving average price is €613.60.

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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