MTU Aero Engines (OTCMKTS:MTUAY) Sees Large Volume Increase – Should You Buy?

MTU Aero Engines AG (OTCMKTS:MTUAY) shares saw unusually-strong trading volume on Monday . Approximately 96,839 shares changed hands during trading, an increase of 266% from the previous session’s volume of 26,441 shares.The stock last traded at $199.2850 and had previously closed at $194.69.

Analysts Set New Price Targets

MTUAY has been the subject of a number of analyst reports. Kepler Capital Markets upgraded shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Zacks Research upgraded shares of MTU Aero Engines from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 14th. UBS Group cut MTU Aero Engines from a “hold” rating to a “sell” rating in a report on Friday, April 24th. BNP Paribas Exane assumed coverage on MTU Aero Engines in a report on Monday, April 13th. They issued an “outperform” rating for the company. Finally, Berenberg Bank lowered MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, MTU Aero Engines currently has a consensus rating of “Hold”.

MTU Aero Engines Price Performance

The stock has a market cap of $22.01 billion, a PE ratio of 19.11 and a beta of 1.01. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.44 and a quick ratio of 1.06. The firm’s 50 day moving average price is $191.38 and its two-hundred day moving average price is $197.65.

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.