Rheinmetall (ETR:RHM) Stock Price Down 3% – What’s Next?

Rheinmetall AG (ETR:RHM) traded down 3% during mid-day trading on Wednesday . The stock traded as low as €1,423.40 and last traded at €1,431.00. 220,661 shares changed hands during mid-day trading, an increase of 38% from the average session volume of 160,244 shares. The stock had previously closed at €1,475.80.

Rheinmetall Trading Down 3.0%

The firm’s 50 day moving average price is €1,568.06 and its 200-day moving average price is €1,654.42. The stock has a market cap of $64.26 billion, a P/E ratio of 113.12, a P/E/G ratio of 0.39 and a beta of 0.35. The company has a debt-to-equity ratio of 25.58, a current ratio of 1.20 and a quick ratio of 0.57.

About Rheinmetall

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles. The Weapon and Ammunition segment provides firepower and protection solutions, such as weapons and munition, protection systems, propellants and international projects and services.