OHB (ETR:OHB) Stock Price Up 5.3% – Here’s What Happened

by · The Cerbat Gem

OHB SE (ETR:OHBGet Free Report)’s share price traded up 5.3% on Tuesday . The stock traded as high as €131.00 and last traded at €130.00. 4,220 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 28,740 shares. The stock had previously closed at €123.50.

OHB Stock Up 5.3%

The stock has a 50 day simple moving average of €109.17 and a 200-day simple moving average of €91.70. The firm has a market cap of $2.58 billion, a PE ratio of 37.05, a PEG ratio of 1.13 and a beta of 0.70. The company has a debt-to-equity ratio of 9.31, a current ratio of 1.36 and a quick ratio of 1.12.

About OHB

(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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