MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Down 51.5% in December

by · The Markets Daily

MTU Aero Engines AG (OTCMKTS:MTUAY – Get Free Report) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 1,600 shares, a decrease of 51.5% from the November 30th total of 3,300 shares. Based on an average daily volume of 12,800 shares, the days-to-cover ratio is currently 0.1 days.

MTU Aero Engines Price Performance

OTCMKTS MTUAY traded up $2.26 on Friday, hitting $168.13. 4,061 shares of the company were exchanged, compared to its average volume of 9,185. MTU Aero Engines has a 1-year low of $105.54 and a 1-year high of $172.71. The firm has a 50 day moving average of $167.18 and a two-hundred day moving average of $151.37. The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.57. The company has a market cap of $18.10 billion, a P/E ratio of 23.75 and a beta of 1.44.

MTU Aero Engines (OTCMKTS:MTUAY – Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The company reported $2.02 earnings per share (EPS) for the quarter. The business had revenue of $2.08 billion for the quarter. MTU Aero Engines had a return on equity of 23.13% and a net margin of 10.16%. On average, equities analysts predict that MTU Aero Engines will post 7.39 EPS for the current year.

Analysts Set New Price Targets

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

Get Our Latest Stock Report on MTUAY

MTU Aero Engines Company Profile

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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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