OHB (ETR:OHB) Reaches New 12-Month High – Here’s Why

OHB SE (ETR:OHBGet Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as €46.50 ($48.44) and last traded at €46.30 ($48.23), with a volume of 709 shares changing hands. The stock had previously closed at €46.20 ($48.13).

OHB Stock Performance

The firm has a market capitalization of $886.65 million, a price-to-earnings ratio of 12.90, a PEG ratio of 1.13 and a beta of 0.70. The company has a current ratio of 1.38, a quick ratio of 1.12 and a debt-to-equity ratio of 77.32. The stock’s 50-day moving average is €45.30 and its 200-day moving average is €44.32.

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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