MTU Aero Engines (ETR:MTX) Stock Price Up 0.6% – Should You Buy?

MTU Aero Engines AG (ETR:MTX)’s stock price rose 0.6% on Tuesday . The company traded as high as €337.30 and last traded at €335.50. Approximately 129,326 shares changed hands during trading, a decline of 28% from the average daily volume of 178,994 shares. The stock had previously closed at €333.60.

MTU Aero Engines Stock Up 0.6%

The company has a current ratio of 1.39, a quick ratio of 0.90 and a debt-to-equity ratio of 63.75. The company has a market capitalization of $18.03 billion, a P/E ratio of -29.37, a PEG ratio of 1.34 and a beta of 0.91. The firm’s 50 day moving average price is €375.07 and its two-hundred day moving average price is €369.06.

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business). The company offers commercial aircraft engines for wide body jets, narrow body and regional jets, business jets, and turboprops; military aircraft engines for fighter jets, helicopters, and transporters; and industrial gas turbines.