Rheinmetall (ETR:RHM) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Rheinmetall AG (ETR:RHMGet Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of €1,461.02 and traded as low as €1,124.00. Rheinmetall shares last traded at €1,143.20, with a volume of 230,907 shares.

Rheinmetall Price Performance

The company has a debt-to-equity ratio of 40.43, a current ratio of 1.05 and a quick ratio of 0.57. The stock’s 50 day simple moving average is €1,461.02 and its two-hundred day simple moving average is €1,599.03. The stock has a market cap of $50.30 billion, a price-to-earnings ratio of 88.53, a P/E/G ratio of 0.39 and a beta of 0.49.

Rheinmetall Company Profile

(Get Free Report)

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.

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