OHB (ETR:OHB) Trading Down 0.2% – Should You Sell?

OHB SE (ETR:OHB)’s stock price dropped 0.2% during trading on Thursday . The stock traded as low as €174.80 and last traded at €177.00. 16,038 shares changed hands during trading, a decline of 44% from the average daily volume of 28,740 shares. The stock had previously closed at €177.40.

OHB Stock Performance

The firm has a 50-day moving average of €223.56 and a 200 day moving average of €292.74. The stock has a market capitalization of $3.51 billion, a P/E ratio of 50.45, a PEG ratio of 1.13 and a beta of 0.83. The company has a quick ratio of 1.12, a current ratio of 1.84 and a debt-to-equity ratio of 41.36.

OHB Company Profile

OHB SE operates as a space and technology company in Germany, rest of Europe, and internationally. The company operates through three segments, Space Systems, Aerospace, and Digital segments. The Space Systems segment focuses on developing and executing space projects. This segment primarily develops and manufactures low-orbiting and geostationary small satellites for navigation, research, communications, and earth and weather observation and reconnaissance, including scientific payloads; undertakes projects for the assembly and outfitting of the International Space Station; and prepares studies and models for exploring solar system, such as the moon, asteroids, and Mars.