MTU Aero Engines (OTCMKTS:MTUAY) Sees Strong Trading Volume – Still a Buy?

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY) saw an uptick in trading volume on Friday . 212,178 shares traded hands during trading, an increase of 737% from the previous session’s volume of 25,364 shares.The stock last traded at $207.6625 and had previously closed at $208.81.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Barclays lowered MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Berenberg Bank downgraded shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Jefferies Financial Group reaffirmed a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. Finally, Zacks Research upgraded shares of MTU Aero Engines from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, MTU Aero Engines presently has an average rating of “Hold”.

MTU Aero Engines Price Performance

The stock’s 50 day simple moving average is $206.77 and its 200-day simple moving average is $196.00. The firm has a market cap of $22.33 billion, a price-to-earnings ratio of 20.30 and a beta of 1.01. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.06 and a current ratio of 1.44.

MTU Aero Engines (OTCMKTS:MTUAY) last posted its quarterly earnings data on Thursday, July 30th. The company reported $2.82 EPS for the quarter, missing the consensus estimate of $2.83 by ($0.01). MTU Aero Engines had a return on equity of 23.33% and a net margin of 10.43%.The company had revenue of $2.83 billion for the quarter, compared to analyst estimates of $2.60 billion. Equities research analysts anticipate that MTU Aero Engines AG will post 11.32 EPS for the current fiscal year.

MTU Aero Engines Company Profile

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.