MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Down 56.3% in December

MTU Aero Engines AG (OTCMKTS:MTUAY) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 700 shares, a drop of 56.3% from the December 15th total of 1,600 shares. Based on an average daily volume of 9,100 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th.

MTU Aero Engines Stock Performance

MTU Aero Engines stock traded up $2.65 during mid-day trading on Thursday, reaching $169.11. The company’s stock had a trading volume of 7,703 shares, compared to its average volume of 7,610. The company has a market capitalization of $18.20 billion, a P/E ratio of 23.89 and a beta of 1.44. The firm’s fifty day moving average price is $166.97 and its two-hundred day moving average price is $155.85. MTU Aero Engines has a 12-month low of $110.50 and a 12-month high of $172.71. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.86 and a current ratio of 1.18.

MTU Aero Engines (OTCMKTS:MTUAY) last released its quarterly earnings results on Thursday, October 24th. The company reported $2.02 earnings per share for the quarter. The firm had revenue of $2.08 billion for the quarter. MTU Aero Engines had a net margin of 10.16% and a return on equity of 23.13%. Sell-side analysts predict that MTU Aero Engines will post 7.39 EPS for the current fiscal year.

MTU Aero Engines Company Profile

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).