MTU Aero Engines AG (ETR:MTX – Get Free Report)’s share price shot up 0.5% during mid-day trading on Tuesday. The stock traded as high as €351.80 and last traded at €350.70. Approximately 67,416 shares were traded during mid-day trading, a decline of 62% from the average session volume of 178,994 shares. The stock had previously closed at €348.90.
MTU Aero Engines Trading Up 2.3%
The firm has a 50 day simple moving average of €358.55 and a 200 day simple moving average of €336.23. The company has a current ratio of 1.42, a quick ratio of 0.90 and a debt-to-equity ratio of 56.26. The firm has a market capitalization of $19.21 billion, a PE ratio of -31.28, a P/E/G ratio of 1.34 and a beta of 0.90.
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). The company offers commercial aircraft engines for wide body jets, narrow body and regional jets, business jets, and turboprops; military aircraft engines for fighter jets, helicopters, and transporters; and industrial gas turbines.
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