Rheinmetall AG (ETR:RHM – Get Free Report)’s stock price dropped 3.4% on Friday . The company traded as low as €1,759.00 and last traded at €1,790.50. Approximately 348,584 shares changed hands during mid-day trading, an increase of 118% from the average daily volume of 160,244 shares. The stock had previously closed at €1,853.50.
Rheinmetall Price Performance
The stock has a 50-day moving average price of €1,643.87 and a 200-day moving average price of €1,731.64. The firm has a market capitalization of $82.18 billion, a PE ratio of 144.66, a price-to-earnings-growth ratio of 0.39 and a beta of 0.70.
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.
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