MTU Aero Engines (ETR:MTX) Trading Down 1.7% – Here’s What Happened

MTU Aero Engines AG (ETR:MTXGet Free Report)’s share price was down 1.7% on Thursday . The stock traded as low as €335.50 ($360.75) and last traded at €337.80 ($363.23). Approximately 113,478 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 178,994 shares. The stock had previously closed at €343.70 ($369.57).

MTU Aero Engines Stock Performance

The company has a debt-to-equity ratio of 54.76, a current ratio of 1.18 and a quick ratio of 0.90. The company has a market cap of $18.16 billion, a price-to-earnings ratio of -29.57, a PEG ratio of 1.34 and a beta of 1.49. The firm has a 50 day simple moving average of €331.65 and a 200-day simple moving average of €314.84.

About MTU Aero Engines

(Get Free Report)

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).

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