MTU Aero Engines AG (ETR:MTX – Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €306.14 and traded as high as €341.90. MTU Aero Engines shares last traded at €341.20, with a volume of 270,456 shares trading hands.
MTU Aero Engines Stock Performance
The firm’s 50 day moving average is €306.14 and its 200-day moving average is €340.16. The company has a debt-to-equity ratio of 56.28, a quick ratio of 0.90 and a current ratio of 1.44. The firm has a market cap of $18.34 billion, a price-to-earnings ratio of -29.87, a price-to-earnings-growth ratio of 1.34 and a beta of 0.90.
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.
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