Rheinmetall (ETR:RHM) Stock Price Breaks Above Fifty Day Moving Average – Time to Sell?

Rheinmetall AG (ETR:RHM – Get Free Report)’s stock price passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of €1,027.16 and traded as high as €1,060.40. Rheinmetall shares last traded at €1,048.20, with a volume of 165,837 shares changing hands.

Rheinmetall Price Performance

The stock has a 50 day simple moving average of €1,027.16 and a two-hundred day simple moving average of €1,290.07. The firm has a market cap of $46.60 billion, a PE ratio of 82.02, a price-to-earnings-growth ratio of 0.39 and a beta of 0.43. The company has a debt-to-equity ratio of 59.91, a quick ratio of 0.57 and a current ratio of 1.00.

Rheinmetall Company Profile

(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. The Weapon and Ammunition segment provides firepower and protection solutions, such as weapons and munition, protection systems, propellants and international projects and services.

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