MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Down 83.3% in February

by · The Markets Daily

MTU Aero Engines AG (OTCMKTS:MTUAY – Get Free Report) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 100 shares, a decline of 83.3% from the January 31st total of 600 shares. Based on an average daily trading volume, of 15,400 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th.

View Our Latest Stock Report on MTUAY

MTU Aero Engines Trading Up 3.6 %

Shares of OTCMKTS MTUAY traded up $5.99 during trading on Friday, reaching $173.61. The stock had a trading volume of 12,437 shares, compared to its average volume of 8,106. MTU Aero Engines has a fifty-two week low of $112.22 and a fifty-two week high of $182.65. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.86 and a current ratio of 1.18. The business’s 50-day moving average price is $169.38 and its 200-day moving average price is $163.24. The company has a market cap of $18.69 billion, a P/E ratio of 27.47 and a beta of 1.44.

MTU Aero Engines (OTCMKTS:MTUAY – Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.12. The business had revenue of $2.27 billion during the quarter. MTU Aero Engines had a return on equity of 24.62% and a net margin of 8.64%. On average, equities research analysts predict that MTU Aero Engines will post 8.69 EPS for the current fiscal year.

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).

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