OHB (ETR:OHB) Trading Up 1.1% – Should You Buy?

OHB SE (ETR:OHB)’s stock price shot up 1.1% during mid-day trading on Wednesday . The stock traded as high as €270.00 and last traded at €268.00. 2,929 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 28,740 shares. The stock had previously closed at €265.00.

OHB Stock Performance

The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 74.26. The firm has a fifty day moving average price of €248.09 and a 200 day moving average price of €159.37. The firm has a market cap of $5.32 billion, a PE ratio of 76.38, a price-to-earnings-growth ratio of 1.13 and a beta of 1.07.

About OHB

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.