MTU Aero Engines (ETR:MTX) Stock Price Up 0.5% – Here’s What Happened

MTU Aero Engines AG (ETR:MTX)’s share price rose 0.5% during trading on Tuesday. The stock traded as high as €351.80 and last traded at €350.70. Approximately 67,416 shares traded hands during trading, a decline of 62% from the average session volume of 178,994 shares. The stock had previously closed at €348.90.

MTU Aero Engines Trading Up 0.5%

The company has a fifty day simple moving average of €358.96 and a two-hundred day simple moving average of €336.03. The company has a quick ratio of 0.90, a current ratio of 1.42 and a debt-to-equity ratio of 56.26. The stock has a market capitalization of $18.85 billion, a P/E ratio of -30.70, a price-to-earnings-growth ratio of 1.34 and a beta of 0.90.

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). The company offers commercial aircraft engines for wide body jets, narrow body and regional jets, business jets, and turboprops; military aircraft engines for fighter jets, helicopters, and transporters; and industrial gas turbines.