Rheinmetall (ETR:RHM) Trading Up 2.5% – What’s Next?

Rheinmetall AG (ETR:RHM) traded up 2.5% on Wednesday . The stock traded as high as €1,456.50 and last traded at €1,444.50. 193,209 shares changed hands during mid-day trading, an increase of 21% from the average session volume of 160,244 shares. The stock had previously closed at €1,409.50.

Rheinmetall Trading Up 2.5%

The business’s 50 day simple moving average is €1,635.00 and its 200-day simple moving average is €1,698.83. The company has a debt-to-equity ratio of 25.58, a current ratio of 1.20 and a quick ratio of 0.57. The stock has a market capitalization of $64.87 billion, a P/E ratio of 114.18, a PEG ratio of 0.39 and a beta of 0.35.

Rheinmetall Company Profile

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.