OHB (ETR:OHB) Stock Price Down 3.2% – Time to Sell?

Shares of OHB SE (ETR:OHB – Get Free Report) dropped 3.2% during trading on Thursday. The stock traded as low as €160.60 and last traded at €162.60. Approximately 24,143 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 28,740 shares. The stock had previously closed at €168.00.

OHB Stock Performance

The stock’s fifty day moving average price is €201.28 and its two-hundred day moving average price is €285.90. The company has a debt-to-equity ratio of 41.36, a quick ratio of 1.12 and a current ratio of 1.84. The company has a market cap of $3.23 billion, a P/E ratio of 46.34, a P/E/G ratio of 1.13 and a beta of 0.83.

About OHB

(Get Free Report)

OHB SE operates as a space and technology company in Germany, rest of Europe, and internationally. The company operates through three segments, Space Systems, Aerospace, and Digital segments. The Space Systems segment focuses on developing and executing space projects. This segment primarily develops and manufactures low-orbiting and geostationary small satellites for navigation, research, communications, and earth and weather observation and reconnaissance, including scientific payloads; undertakes projects for the assembly and outfitting of the International Space Station; and prepares studies and models for exploring solar system, such as the moon, asteroids, and Mars.

Further Reading

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