MTU Aero Engines (OTCMKTS:MTUAY) Shares Gap Down – Time to Sell?

MTU Aero Engines AG (OTCMKTS:MTUAY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $196.28, but opened at $187.53. MTU Aero Engines shares last traded at $187.84, with a volume of 862 shares trading hands.

Wall Street Analyst Weigh In

MTUAY has been the topic of several analyst reports. Kepler Capital Markets raised shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Zacks Research lowered shares of MTU Aero Engines from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 15th. BNP Paribas Exane started coverage on shares of MTU Aero Engines in a report on Monday, April 13th. They set an “outperform” rating on the stock. Finally, Citigroup reaffirmed a “sell” rating on shares of MTU Aero Engines in a report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

MTU Aero Engines Price Performance

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 stock has a market capitalization of $19.81 billion, a price-to-earnings ratio of 17.16 and a beta of 1.16. The stock has a 50-day moving average price of $201.83 and a 200 day moving average price of $210.77.

MTU Aero Engines (OTCMKTS:MTUAY) last posted its earnings results on Tuesday, February 24th. The company reported $2.67 EPS for the quarter. MTU Aero Engines had a return on equity of 23.32% and a net margin of 11.74%.The firm had revenue of $2.83 billion for the quarter. As a group, equities research analysts expect that MTU Aero Engines AG will post 11.47 earnings per share 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.