MTU Aero Engines (OTCMKTS:MTUAY) Hits New 12-Month High – Here’s Why

MTU Aero Engines AG (OTCMKTS:MTUAY) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $170.59 and last traded at $170.13, with a volume of 8145 shares trading hands. The stock had previously closed at $166.36.

MTU Aero Engines Stock Performance

The stock has a market cap of $18.45 billion, a P/E ratio of 24.01 and a beta of 1.45. The business has a 50 day moving average price of $158.14 and a 200 day moving average price of $140.54. The company has a quick ratio of 0.86, a current ratio of 1.18 and a debt-to-equity ratio of 0.57.

MTU Aero Engines (OTCMKTS:MTUAY) last posted its earnings results on Thursday, October 24th. The company reported $2.02 earnings per share for the quarter. The company had revenue of $2.08 billion during the quarter. MTU Aero Engines had a return on equity of 23.13% and a net margin of 10.16%. As a group, sell-side analysts expect that MTU Aero Engines AG will post 7.34 EPS for the current year.

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).