MTU Aero Engines (OTCMKTS:MTUAY) Sets New 1-Year Low – Time to Sell?

MTU Aero Engines AG (OTCMKTS:MTUAY) shares hit a new 52-week low on Friday . The stock traded as low as $159.9140 and last traded at $159.9140, with a volume of 2844 shares. The stock had previously closed at $166.62.

Analyst Ratings Changes

Several equities analysts recently issued reports on MTUAY shares. Kepler Capital Markets upgraded MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Zacks Research downgraded MTU Aero Engines from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 15th. Citigroup reaffirmed a “sell” rating on shares of MTU Aero Engines in a report on Wednesday, February 25th. Berenberg Bank cut shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, UBS Group cut shares of MTU Aero Engines from a “hold” rating to a “sell” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, MTU Aero Engines presently has a consensus rating of “Hold”.

MTU Aero Engines Stock Performance

The stock’s 50 day moving average price is $185.09 and its two-hundred day moving average price is $205.12. The company has a current ratio of 1.44, a quick ratio of 1.06 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $17.05 billion, a price-to-earnings ratio of 14.81 and a beta of 1.02.

MTU Aero Engines (OTCMKTS:MTUAY) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $2.67 EPS for the quarter. The firm had revenue of $2.83 billion during the quarter. MTU Aero Engines had a net margin of 11.28% and a return on equity of 24.07%. On average, analysts forecast that MTU Aero Engines AG will post 11.47 EPS for the current year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.