MTU Aero Engines AG (ETR:MTX – Get Free Report) shot up 3% during trading on Tuesday . The company traded as high as €350.20 and last traded at €350.20. 123,286 shares traded hands during trading, a decline of 31% from the average daily volume of 178,994 shares. The stock had previously closed at €339.90.
MTU Aero Engines Stock Performance
The company has a current ratio of 1.42, a quick ratio of 0.90 and a debt-to-equity ratio of 56.26. The firm’s fifty day moving average price is €354.76 and its two-hundred day moving average price is €333.08. The stock has a market capitalization of $18.82 billion, a PE ratio of -30.66, 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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