Rheinmetall (OTCMKTS:RNMBY) Shares Down 5.6% – Should You Sell?

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) traded down 5.6% on Friday . The company traded as low as $306.69 and last traded at $309.77. 65,229 shares traded hands during trading, a decline of 1% from the average session volume of 65,984 shares. The stock had previously closed at $328.20.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating on shares of Rheinmetall in a research note on Monday. Zacks Research downgraded Rheinmetall from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Rheinmetall currently has an average rating of “Moderate Buy”.

Rheinmetall Price Performance

The firm has a market capitalization of $72.73 billion, a price-to-earnings ratio of 169.46 and a beta of 0.25. The company has a fifty day moving average price of $364.02 and a two-hundred day moving average price of $384.90. The company has a quick ratio of 0.68, a current ratio of 1.20 and a debt-to-equity ratio of 0.21.

About Rheinmetall

Rheinmetall AG is a Germany-based technology group specializing in defense and automotive solutions. Established in 1889 and headquartered in Düsseldorf, the company operates through two core divisions: Defense and Mobility (formerly Automotive). With a long heritage in engineering and manufacturing, Rheinmetall has evolved into a leading supplier of military vehicles, weapons systems and civilian mobility components, serving customers worldwide.

The Defense division develops and produces a broad portfolio of products and services for armed forces.