MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Update

MTU Aero Engines AG (OTCMKTS:MTUAY) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 3,123 shares, an increase of 407.8% from the November 30th total of 615 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 33,967 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 33,967 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

MTU Aero Engines Stock Performance

MTUAY traded down $1.50 during mid-day trading on Friday, reaching $208.97. 13,590 shares of the company traded hands, compared to its average volume of 12,856. The company’s fifty day moving average price is $209.91 and its 200-day moving average price is $215.58. The stock has a market capitalization of $22.50 billion, a P/E ratio of 22.64 and a beta of 1.11. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.58. MTU Aero Engines has a 52-week low of $145.02 and a 52-week high of $232.86.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings data on Thursday, October 23rd. The company reported $2.61 EPS for the quarter. The company had revenue of $2.49 billion during the quarter. MTU Aero Engines had a return on equity of 25.61% and a net margin of 10.79%. On average, sell-side analysts expect that MTU Aero Engines will post 8.69 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Zacks Research downgraded MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 16th. The Goldman Sachs Group initiated coverage on MTU Aero Engines in a report on Friday, September 19th. They issued a “hold” rating on the stock. Jefferies Financial Group reissued a “buy” rating on shares of MTU Aero Engines in a research note on Thursday, October 23rd. Royal Bank Of Canada upgraded shares of MTU Aero Engines to a “hold” rating in a research note on Tuesday, November 18th. Finally, UBS Group lowered shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

About MTU Aero Engines

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.