OHB (ETR:OHB) Trading 1.5% Higher – Here’s What Happened

OHB SE (ETR:OHBGet Free Report) shares rose 1.5% during mid-day trading on Thursday . The company traded as high as €284.50 and last traded at €279.00. Approximately 50,564 shares changed hands during trading, an increase of 76% from the average session volume of 28,740 shares. The stock had previously closed at €275.00.

OHB Trading Up 1.5%

The company has a market capitalization of $5.54 billion, a price-to-earnings ratio of 79.52, a price-to-earnings-growth ratio of 1.13 and a beta of 0.87. The business’s 50 day simple moving average is €384.26 and its 200 day simple moving average is €282.19. The company has a debt-to-equity ratio of 62.40, a current ratio of 1.33 and a quick ratio of 1.12.

OHB Company Profile

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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.

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