Rheinmetall (ETR:RHM) Shares Down 0.4% – Here’s What Happened
by Danessa Lincoln · The Markets DailyRheinmetall AG (ETR:RHM – Get Free Report) shares fell 0.4% during trading on Monday . The stock traded as low as €1,009.80 and last traded at €1,011.80. Approximately 317,077 shares changed hands during mid-day trading, an increase of 98% from the average session volume of 160,244 shares. The stock had previously closed at €1,016.20.
Rheinmetall Stock Performance
The company has a debt-to-equity ratio of 59.91, a current ratio of 1.00 and a quick ratio of 0.57. The business has a 50-day simple moving average of €1,087.61 and a 200-day simple moving average of €1,239.93. The firm has a market capitalization of $45.44 billion, a PE ratio of 79.98, a P/E/G ratio of 0.39 and a beta of 0.43.
About Rheinmetall
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.