MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Update

MTU Aero Engines AG (OTCMKTS:MTUAY) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 3,300 shares, a growth of 1,550.0% from the November 15th total of 200 shares. Based on an average daily volume of 12,500 shares, the short-interest ratio is currently 0.3 days.

MTU Aero Engines Price Performance

MTU Aero Engines stock traded up $0.04 during mid-day trading on Thursday, reaching $169.72. The company had a trading volume of 4,049 shares, compared to its average volume of 9,364. The stock’s 50-day simple moving average is $165.29 and its 200-day simple moving average is $148.22. MTU Aero Engines has a 1 year low of $100.77 and a 1 year high of $172.71. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.86. The company has a market capitalization of $18.27 billion, a P/E ratio of 23.97 and a beta of 1.44.

MTU Aero Engines (OTCMKTS:MTUAY) last released its quarterly earnings data on Thursday, October 24th. The company reported $2.02 earnings per share for the quarter. The firm 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%. On average, equities analysts predict that MTU Aero Engines will post 7.39 EPS for the current year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th.

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).