MTU Aero Engines (OTCMKTS:MTUAY) Hits New 52-Week High – Here’s What Happened

MTU Aero Engines AG (OTCMKTS:MTUAY)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $167.05 and last traded at $165.96, with a volume of 2933 shares changing hands. The stock had previously closed at $158.01.

MTU Aero Engines Price Performance

The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.57. The firm’s 50-day moving average price is $151.47 and its two-hundred day moving average price is $135.29. The stock has a market cap of $17.87 billion, a PE ratio of -148.18 and a beta of 1.46.

MTU Aero Engines (OTCMKTS:MTUAY) last announced its quarterly earnings results on Thursday, August 1st. The company reported $1.82 earnings per share (EPS) for the quarter. The business had revenue of $1.87 billion for the quarter. MTU Aero Engines had a positive return on equity of 21.03% and a negative net margin of 1.29%. On average, equities analysts expect that MTU Aero Engines AG will post 7.22 earnings per share for the current fiscal year.

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).