MTU Aero Engines (ETR:MTX) Stock Price Up 0.5% – Here’s What Happened

MTU Aero Engines AG (ETR:MTX – Get Free Report) rose 0.5% during mid-day trading on Tuesday. The stock traded as high as €351.80 and last traded at €350.70. 67,416 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 178,994 shares. The stock had previously closed at €348.90.

MTU Aero Engines Stock Performance

The firm’s 50-day moving average price is €358.96 and its 200 day moving average price is €336.03. The company has a debt-to-equity ratio of 56.26, a quick ratio of 0.90 and a current ratio of 1.42. The company has a market cap of $18.85 billion, a price-to-earnings ratio of -30.70, a PEG ratio of 1.34 and a beta of 0.90.

MTU Aero Engines Company Profile

(Get Free Report)

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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