MTU Aero Engines (ETR:MTX) Shares Down 0.1% – What’s Next?

Shares of MTU Aero Engines AG (ETR:MTX) fell 0.1% during mid-day trading on Wednesday . The company traded as low as €353.60 and last traded at €354.70. 92,622 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 178,994 shares. The stock had previously closed at €355.10.

MTU Aero Engines Stock Down 0.1%

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 capitalization of $19.07 billion, a PE ratio of -31.05, a P/E/G ratio of 1.34 and a beta of 1.49. The company has a 50-day moving average of €368.96 and a two-hundred day moving average of €369.57.

MTU Aero Engines Company Profile

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).